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Ransomware has proven to be a major problem for companies both large and small. It can attack your data in a multitude of ways and bring your business operation to a complete halt. In many instances it can cost hundreds of thousands or millions of dollars to regain access and use of the pirated information. According to the Chainanalysis 2021 Crypto Crime Report, the total amount paid by ransomware victims increased by 311% in 2020 to reach nearly $350 million worth of cryptocurrency, (the most popular form of payment) and the problem will continue to grow. Overall the best defense against a ransomware attack is a good offense. Understanding the various forms of ransomware can help a company prepare for an intrusion. Here are some tips to help deal with any type of cybercriminal. First, for those unfamiliar with ransomware, it is a virus that silently encrypts the user's data on their computer. It can infiltrate your system and deny access to key information, impeding or shutt...

Emerging data security and privacy laws such as GDPR and CCPA are beginning to make an impact on a global scale. This is forcing many businesses to closely scrutinize their IT processes and ensure they are compliant. However, with ransomware, malware, and other cybersecurity issues to worry about, many IT departments are too busy to keep up with the latest regulations. Here then are a list of four common IT compliance mistakes which should not be overlooked, ones that can be extremely costly in the long run. 1. Avoiding internal IT compliance audits. Most companies have a long menu of operational responsibilities and, on a day-to-day basis, checking for IT compliance mistakes probably is not at the top of the list. However, far too many companies make the mistake of waiting for a regulatory audit to come around before they take a close look at their policies and procedures. Doing so can surely be costly. Instead, businesses should generate an internal audit into their schedule, a...