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Is Your Business Prepared For the Next Wave of Ransomware Viruses?

New Ransomware Viruses

New Ransomware Viruses

Imagine your sheer disbelief as you sit down at your workstation, turn on your computer, and stare in complete shock at a message demanding you shell out $500 to release your information—with zero guarantee you’ll actually be able to access your files once you do pay up.

But this couldn’t happen to you, right? Sure, your business is doing well, but you’re not a huge multinational company, with truckloads of money to spare. Hackers aren’t going to risk missing out on the big payday by wasting their time and energy on you—they’ve got bigger fish to fry. Unfortunately, if you think ransomware attacks only happen to the big guys, you’re sadly mistaken. Smaller companies simply don’t have the infrastructure or the resources to handle malicious software assaults, making your business prime targets for cybercriminals.

And if that wasn’t bad enough, ransomware attacks are becoming increasingly more common and more sophisticated, almost daily. The bottom line is that ransomware is going nowhere anytime soon. Here are three new strains of ransomware viruses you’ll need to keep an eye out for.

CryptoLocker Ransomware Viruses

CryptoLocker reared its ugly head in 2013. Cybercriminals use this malicious software to encrypt your information such as documents, photos, and other file types. This sophisticated ransomware will not only corrupt your computer, but also infect any network your computer is connected to.

If your files have fallen victim to this nasty malware, good luck trying to access them. Once cybrcrimanals have encrypted your data, it’s next to impossible to unlock them without a key. To get your files encrypted, you’ll have to pay hundreds, sometimes even thousands of dollars.

CryptoWall Ransomware Viruses

Similar to CryptoLocker, CryptoWall is also a scary virus that encrypts files on your computer, then demands the user to pay to have files released. First appearing in early 2014, this malware has been infecting computer systems through spam emails, malicious ads, and compromised sites. Unlike CryptoLocker, however, CryptoWall is equipped with a countdown timer that is set to delete the decryption key as soon as the time has run out, eliminating any chance to retrieve your files if you don’t pay in time.

TeslaCrypt Ransomware Viruses

TeslaCrypt is another malicious program, appearing online in February, 2015. This ransomware also demands payment for a key to decrypt files. What sets TeslaCrypt apart from other viruses is its ability to infect a wide range of file types, including JPEG, Word, PDF, and more notably, gaming files.

With ransomware on the rise, business owners need to take a proactive approach when it comes to protecting files from cyber criminals. Educating yourself and your staff about what viruses to look for and how to prevent them from infecting your network will help you beat hackers at their own game.

Here at Safe Harbour, we’ll provide you with tailor-made virus protection and backup solutions to keep your business files safe and sound—and out of the hands of cybercriminals.

To learn more, contact us today!