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Ransomware takes aim at Australian organisations

By Richard Dornhart, National Security Practice Mananger, Data#3

[Reading time: 1 min]

There is mounting evidence that ransomware is becoming an increasingly serious problem for Australian organisations. According to Deloitte, Australian businesses are seen as relatively soft targets compared to those in Europe and the US.

This article points out that the end result is that Australian businesses have seen a significant increase in ransomware attacks over the last two years. Even worse, the evidence suggests that many users are willing to pay this ransom, which in turn provides a great encouragement for hackers to continue this tactic.

When hackers use malware to lock and encrypt an operating system until the user pays to regain access, it’s already too late. I fully support the idea of instituting educational training programs within companies, whereby management and employees learn the basic concepts and strategies around cybersecurity.

The article makes a great point that small and medium businesses need to be especially vigilant and proactive against these threats. I recommended the below article for technology executives who want to know more.

http://www.theaustralian.com.au/business/technology/opinion/ransomware-takes-aim-at-smbs/news-story/40c89ed817dab122aed9762f1a1f988c

Tags: Ransomware, Security

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