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Protecting Your Business Against Ransomware Attacks

Recently, The FBI published an article to help all for and not-for-profit businesses protect themselves against Ransomware attacks.

These attacks are occurring more frequently and they are no longer just directed towards the larger corporations.   School, Churches and Small Businesses are receiving much attention from these criminals.  The attacks are becoming more sophisticated and harder to prevent. 

What exactly is Ransomware Attacks?

Ransomware attacks are resonated with a malicious email.  A person will open an email, click an attachment, and that sets off a chain of events that are disastrous.  The opened attachment releases an “infected program” that raids the computer’s data, encrypts it and makes it impossible for the owner to view their own data.

At the end of the process you will receive notification from the criminal that they now have possession of your data and if you want it back, you will have to pay for it.

How can I prevent a Ransomware Attack?

Many experts say it’s not “if” you are going to be attacked, but “when.”  So now is the perfect time to put measures in place on how to prevent an attack and how to respond should an attack occurs.  These measures should include corporate policies and procedures regarding computer usage and emails along with computer hardware and firewall upgrades.

How can I financially protect my business from a Ransomware Attack?

All businesses should consider purchasing a Cyber Liability policy.  These policies are not standardized forms in that each policy can provide different types of coverage so it is vitally important to have an agent who understands the coverage and can help you choose the best policy for your company.

Who can help our organization get prepared?

We can!  The Shropshire Agency can provide your business with assessment tools to help you determine your level of risk of a Ransomware Attack.  We can also help you establish internal controls to reduce the risk of ever having a claim.  Finally, if you decide to pursue a Cyber Liability policy, we can help find the best policy for your company.

If you have any questions, don’t hesitate to call us at (806) 763-7311

 

To read the entire article from the FBI, you can go to https://www.fbi.gov/investigate/cyber

 

Our agency can help your Business or Church with all of its insurance needs.  

Don't forget, we also provide Homeowners and Auto insurance for Families!

 

 

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