Ransomware attacks cost businesses millions every year, and they're getting more sophisticated. Attackers encrypt your files and demand payment for their return. Sometimes they threaten to leak sensitive data if you don't pay up.
Key takeaways:
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Ransomware attacks typically begin with phishing emails, stolen credentials, or unpatched software vulnerabilities.
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Regular offline backups are your best recovery option if an attack succeeds, since attackers can't encrypt what they can't reach.
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Multifactor authentication blocks most credential-based attacks, even when passwords are compromised.
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LastPass helps protect against ransomware by securing credentials with AES-256 encryption and enforcing strong password policies.
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An incident response plan prepared in advance can significantly reduce damage and recovery time during an attack.
Steps to protect your company from ransomware attacks:
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Back up critical data regularly and store copies offline.
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Keep all software and systems updated with security patches.
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Train employees to recognize phishing and suspicious attachments.
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Use multifactor authentication on all accounts.
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Limit user access to only what each employee needs.
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Protect credentials with a secure access solution.
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Segment your network to contain potential breaches
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Create an incident response plan before you need one
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