Assessing ransomware attack risk for 2023

One of the biggest cybersecurity risks of 2023 could be sitting in your network – right under your nose. Is your business prepared?

Learning how to navigate and execute a comprehensive risk analysis is crucial to maintaining your network security. It’s been shown that 68% of U.S. organizations and businesses have experienced a ransomware-based cyberattack in 2020, accounting for 10% of all total breaches in 2022.

But how can businesses actively remain aware of and defensive against this prevalent business threat?

Read on to learn what you need to know about assessing ransomware attack risk in 2023.

What is a ransomware attack?

Ransomware is a form of malware that is designed to damage your private data, locking it behind encryption until you pay a set amount or “fee” – usually in BitCoin or some other form of alt currency. Hackers use ransomware attacks as a way to profit while stealing your sensitive client and personal data.

How to prevent ransomware attacks

The best way to prevent a ransomware attack is to take a preventative stance. Taking the time to put together routine and comprehensive risk assessment processes is key to preemptively protecting your network. No matter what stage of business you’re currently at, connecting with a security specialist is a great first step to defending your organization against ransomware attacks.

Is my network at risk for ransomware attacks?

If you haven’t taken the time to secure your network and develop a proactive security plan, you’re likely at a higher risk for ransomware attacks. Symptoms of the beginning stages of a ransomware attack include:

• Slower or less responsive network experiences that aren’t exclusive to single network users.
• Increased disk utilization as the hackers evaluate and explore your data/files.
• Increased numbers of flagged or “suspicious” logins that could indicate compromisation.

How to conduct a risk assessment for ransomware

If you’re concerned about ransomware attacks, you can begin taking action today. Here’s how you can begin your ransomware risk assessment process:

1. Analyze your total security plan. What gaps do you currently have? What are you doing well? Doing this will show you where to invest and improve.
2. Determine the impact. What would happen in the event of an attack? Work backward, using this as a reference to put strategic defenses in place.
3. Invest and execute. Now that you have a picture of your plan, risks and potential impact, it’s time to act. Now would be the time to invest in your security measures and begin taking action on your cybersecurity plan.

Avoid ransomware attacks in 2023

If you’re looking to mitigate your risk and update your cybersecurity plan, we’re here to help. Stop dealing with Ransomware and the mess it creates! Our team is experts in the only solution that has a track record of success protecting the most sensitive networks for more than 8-years. Learn more at https://prevent-ransomware.com or call 651-564-9350