Republished with permission from CentricPro.
Ransomware is malicious software or malware that encrypts information or parts of your network, preventing access. A ransom is demanded in exchange for an encryption key to unlock the network. You are notified and given a short amount of time to pay the ransom or your data is lost forever. In addition or in the alternative, the criminals may add the element of extortion, and demand payment or else they will release information or use it against you.
In a recent article in LegalTech News titled New Ransomware Strains Can Cause Headaches for Unaware Attorneys, it was reported that 28 new strains of ransomware were discovered over the past few months. Some of the new strains are reported to be the result of copycat cyber criminals, but others are from more experienced professional criminals and harder to crack. They are using new techniques and approaches, as well as new ways to extort money from victims. One new attack is referred to as a “hybrid ransomware” where they not only lock the user’s files, but they lock the whole computer and use it to perpetrate further attacks within or outside the network. The article warned attorneys to expect more of it, with attacks estimated to double or triple compared to last year.
In addition to working with your IT specialists to assist in cyberattack prevention, you need to be sure you have excellent back up in place and be sure to educate and train your staff. Ransomware is most successful when you allow access by downloading what may appear to be an innocent program or file. Increase your cybersecurity training and enforcement of your cybersecurity policies internally to help mitigate the issue. In addition, be sure your law firm has proper cyber insurance coverage.
To learn more, contact ">Colleen M. Capossela, Esq., President of CentricPro Management Services, Inc.