Cyber crime is on the rise - Could you be at risk?

Posted: 07-10-2007

Recent cyber-attacks stress the importance of anti-virus software and prevention measures to safeguard businesses against ransomware

BLUE BELL, Pennsylvania — MAM Software, Inc., a wholly owned subsidiary of MAM Software Group, Inc. (NASDAQ: MAMS) is urging its customers to follow protection advice and remain vigilant in the wake of the most recent cyber attacks.

As the number of businesses affected by the ransomware continues to grow, MAM Software is reminding customers to update their Windows operating system and anti-virus software to minimize risk.

The ransomware attack (WannaCry) that crippled hospitals, banks and other companies across the globe earlier this year, prevented users from accessing data unless they paid a ransom of to restore access. The virus exploited a known flaw in Microsoft Windows and spread throughout an organization's network, affecting more and more systems.

Prevention is key when it comes to IT security, and the following tips will help to limit the risk posed to businesses:

  • Windows Update, make sure all software and operating systems are up-to-date

  • Ensure that an up-to-date antivirus software package is installed on your system

  • Backup your files regularly - you can't be held to ransom if you have a copy of your data elsewhere

  • Do not open a file attached to an email unless you can verify the authenticity of the sender

  • Do not follow a link in an email if you are not sure of the sender’s identity

  • Disable macros in Microsoft Office applications by default

  • Segment the network, use separate file shares rather than a single one for all users

  • Develop a plan for notifying employees should there be a security breach

  • It is recommended that the server is not used for general web browsing

Businesses can also increase protection by moving to a cloud-based solution, where software and data are stored in state-of-the-art data centers guarded by stringent anti-virus software, and data is backed up automatically at regular intervals.

What to do if you are affected

If you are affected by a computer virus, we advise that all affected PCs are turned off and disconnected from the network as soon as a problem is noticed. This will prevent the infection from spreading further.

We strongly recommended that the ransom should not be paid under any circumstances. According to experts one in five ransomware victims who pay the ransom never see their files returned.

In some cases, a decryption tool may be available for the particular ransomware infection, but many newer variants use a unique encryption key, which makes restoring the files impossible.

The best solution is to remove the infection, and then restore your data from your backup.

If you'd like to talk to someone about your backup processes, installing anti-virus software or moving to the cloud, please get in touch.

Get in touch

If you’d like to find out more about MAM Software systems and how they could improve your business performance, please get in touch. We’d be delighted to hear from you, whether you have a general inquiry or a technical challenge for our specialists.