On Wednesday, three Gold Coast
businesses called our IT & Data Security provider Insane Technologies to
report their systems had been attacked and their critical business files have
been locked. This was all in the space of 2 hours!
We spoke with David Ruddock
from Insane Technologies regarding the nature of the attacks –
The two variants of
ransomware that had taken over their systems were CryptoLocker (one of the
earlier versions of ransomware) and Locky (one of the newer versions, delivered
in Microsoft Word .doc, .docx and even .rtf files).
Ransomware encrypts your files and then
asks you to pay a ransom to recover your files.
If you don't have a backup,
your ONLY OPTION is to pay the ransom. For some businesses, it may sometimes be
cheaper (due to the time it would take to restore the files, loss of income,
downtime etc.) to just pay the ransomware. However, some ransomware will then
only unlock certain parts of your data demanding you pay more to release more
As a result of this simple
logic, many ransomware victims just pay the ransom and don't report the crime.
As payments are made by the anonymous crypto-currency Bitcoin, the risk of
being caught for criminals is very small.
These two factors make
ransomware a very attractive and lucrative income generator for organised
As organised cyber crime is
becoming more sophisticated, it's getting harder for individuals to spot the
crime before it takes hold - This is why prevention is key! If you're unsure if your systems are safe, we
have made a available a Business IT System Fundamentals checklist created by Insane
Technologies available on our website.
If you're concerned about
the safety of your company data, contact David immediately on (07) 5539-6116 to
book a Data Protection & Cyber Security Health Check (POA).
If you would like to receive
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