Master Solutions Blog

One of the biggest myths about cybersecurity and cybercrime is that smaller businesses are somehow immune to the more dangerous types of threats because they don’t pose a viable target for cybercriminals.

Nothing is further from the truth.

If you’re not familiar with ransomware, we wish we lived in the same universe you’ve been living in the past decade. It’s a serious problem for all types and sizes of businesses, not to mention its impact on individuals, governments, and world organizations. Today, we want to go over some of the latest ransomware tactics in use as of 2024.

As cyberthreats become more advanced, businesses must take proactive steps to address them. Cyberattacks can have devastating effects, making it crucial to enhance employees’ awareness of online threats. This month, we examine the top three IT security challenges businesses face and how to combat them effectively.

As the year winds down, it’s time to start looking at 2024 and what the year could mean for local organizations. It’s likely that most businesses are putting together their operational plans and marketing budgets, and all of that is certainly important, but there are some major situations at play that could cause your business to suffer from major losses and rack up huge expenses if decision-makers aren’t prepared for it.

Businesses face a lot of threats, but ransomware stands out amongst them all. It’s certainly one of the scariest threats out there, as it seems we need to include it every time we discuss cyberthreats. Unfortunately, we really do need to, for one simple reason.

Perhaps the most dangerous and notorious modern malware, ransomware affects businesses and industries without any regard to size or scope. It can even impact individual users and get away with it. We urge businesses to consider the other dangers associated with ransomware beyond just paying the ransom, as they extend far beyond and could have lasting impacts on your operations.

Ransomware is so common in the world of online threats that even the FBI has labeled it a massive threat to businesses of all kinds. Unlike other types of malware, ransomware has a unique return on investment that’s measurable and highly lucrative for hackers. A new variant of ransomware called Maktub Locker lures victims into a false sense of security by tailoring phishing emails to match their street address.

Ransomware is a major problem in both the personal and private sectors of computing, but up until very recently, Apple users had little to fear from potential ransomware hacks. Security researchers at Palo Alto Networks have discovered what’s known to be the first completed ransomware on an Apple device. The threat, called KeRanger, is officially “in the wild,” and is a danger to any Mac user.

Today’s various versions of ransomware are dangerous. By forcibly locking down important files on a victim’s computer, threats like CryptoLocker and CryptoWall are posing significant threats to both businesses and ordinary computer users. However, a new type of ransomware has appeared called CryptoJoker; and we assure you, there’s nothing funny at all about this one.

In the wake of a ransomware takeover, it seems like the world can’t go a few months without some sort of data loss disaster occurring. The antics of hackers grow more dangerous and difficult to dodge, and IT departments have their hands full dealing with the fallout. What’s keeping you from contracting this ransomware, and how can you keep your business from suffering its consequences?