Ransomware attacks are on the rise, and it is just a matter of time before a major attack is launched. So, businesses should take proper precautionary measures. A ransomware attack can disrupt all your organizational operations as well as compromise vital data. As such, hackers target the most promising companies, and once they achieve compromising the information, they demand a substantial amount of money. For instance, Lincolnshire County Council’s computer systems were attacked, their system was shut down, and the attacker demanded a $500 ransom.
Though cloud computing has proven that it may contain security gaps, it is still thought to be a preferred alternative to storing data in regards to security. Cloud computing offers different ways of managing data security. However, ransomware attacks against the cloud are on the rise. The increased attacks are a demonstration of how easy it is for attackers to get through cloud managed systems. But how do hackers get through secured cloud platforms?
It is as simple as sending emails that contain infected links, and once the links are clicked, a ransomware attack is launched. The ransomware quickly spreads through your entire network and if not stopped on time, its consequences can be dire. It locks up all applications and encrypts all your important data until you settle the ransom they demand. Whether you pay the ransom or not, the downtime and reputation damage come at an expensive cost to your company. As such, network security experts are advising employees to handle emailed links with care. However, some employees ignore the warnings and expose their organizations to possible attacks.
Additionally, the spread of plug and play cloud computing tools and services has complicated the security landscape making it easier for hackers to launch attacks. There are attackers who have perfected their act by spreading malware via IT approved cloud computing applications like Dropbox. They simply upload infected files to the applications and get users to share the infected files unknowingly.
This is where new cloud computing users should seek clarification about the security rules that govern the use of cloud applications from managed service providers. Successful migration to cloud applications depends on the steps you take to make your usage as secure as possible.
Though ransomware attackers have yet to launch a major attack against cloud computing companies, that should not be a reason to be overconfident when using cloud managed applications. You still need to take extra precaution in protecting your data. As such, it is advisable to store sensitive data in-house and move the remaining data to the cloud. This way you achieve a hybrid environment where you retain your valuable information and protect it while also applying economies of scale offered by cloud computing. If you would like to prevent ransomware, read our ransomeware prevention checklist.
Why Ransomware Attackers Really, Really Like Cloud Computing
November 02, 2016
Jordan Kadlec