Taken”. The coolest, toughest character ever imagined, who dealt with his own ransom situation – without paying. WannaCry; a ransomware campaign with unprecedented scale, hit around 200,000 systems across 150 countries. Asia is no exception, with reports of several businesses affected by the attack. Ransomware, and other malicious software, is estimated to cost the Australian economy about $1 billion a year. In Britain, WannaCry has crippled the health system – with stroke victims unable to undergo urgent surgery because their scans could not be accessed – and affected other businesses around the world.
When Ransomware Hits: Three Options for Data Recovery“Ransomware” is increasingly becoming the number one cause of data loss for businesses. Software security has become more resilient to cyber-attacks, but what happens (and it does happen a lot) when the security systems fail and are bypassed by a simple phishing attack, or a patch not applied?
When ransomware hits your business, you have three choices:
- Give up, cut your losses and start again? For most businesses, this is not really an option as you can’t just write off potentially business critical data that is held in the attack. At the same time, you need to bring systems back to a working condition and often data is key to this
- Pay the ransom!? Who knows, you might get your data back, and once you have paid, they know who to target again – repeatedly until the software evolves to become “extortion ware”
- Channel your inner Liam Neeson, and tell the ransom-holders that you have a particular set of skills… skills you have acquired over a very long career… skills that make you a nightmare for data extortionists