Vtiger Security – Beware of Ransomware

Photo Courtesy blog.kaspersky.com

Imagine owning a toy company around the holiday season — sales sky rocket and workloads double. Now, imagine owning a toy company around the holiday season, logging onto your company database, and realizing that you’ve just become the victim of a cyber attack. Unfortunately, for a small California toy company, this situation became a harsh reality last year.

According to a January 2016 New York Times article, online criminals hacked the company’s system by encrypting important files and then demanding a ransom to unlock the data. The company ended up losing thousands of dollars within two days.

It could happen to you.

This cyber attack method, known as ransomware, has become a common trend with online criminals. In fact, according to a fedscoop.com article, 2016 has seen an average of 4,000 ransomware attacks per day.

With the newly added security chip to credit cards, ransomware is increasingly becoming the preferred method of attack. According to the New York Times, credit card numbers are harder to monetize because hackers have to sell the numbers before they get money. With rasomware, hackers can earn large sums of money with no middleman.

Since small businesses tend to pay little to no attention to cyber security until they fall victim, cyber hackers are targeting small businesses to unleash these rasomware threats.

Boru wants to help you combat these growing cyber threats.

We want to educate our audience on the importance of practicing best security methods. That’s why we’re launching a cyber security blog series. In addition, we are encouraging our clients to take advantage of our Vtiger Security Assessment and Protection Service. This service will assess how strong your security practices are, as well getting recommendations from our Vtiger support team on how to strengthen your Vtiger security.

Interested in learning more? Let us send you an email.

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