93% of organizations use Office 365 (37%) or G Suite (56%) within their business. With both products, all of your files and emails are saved in the cloud, and you avoid purchasing a server that can go down, get corrupted, or be affected by ransomware. Since businesses run on email, documents, spreadsheets, and presentations, losing access to them would be crippling to your bottom line. Unfortunately, the latest evolution of ransomware threatens to do just that.
Ransomcloud is a variant of ransomware. While ransomware is installed on your computer or server and locks up your files until you can access them, ransomcloud can infiltrate where your cloud data is stored and lock up your individual emails and files in Office 365 or G Suite. This new threat was revealed earlier this year and is demonstrated in the video below by Kevin Mitnick, formerly the most wanted hacker in the US now turned cybersecurity consultant.
The good news is that there are protections against ransomcloud. The first is through user awareness: you can’t infect yourself unless you fall victim to a phishing attempt. Once you download a malicious attachment or click on a link that you shouldn’t, you will be infected. Prevention is priority one.
If you do click that link or download that file, you can get back on your feet if you’ve got a back-up of those files. Microsoft and Google don’t back up your files for you, and your traditional back-up works solely on your physical hardware, not what you have located in the cloud. But, new SaaS (software as a service) programs can now back up these files for you and do so multiple times during the day so that, if your email or files are encrypted, you can simply use a clean backup and quickly get up and running again.
As the cyber threat landscape continues to change as our technology does, be sure to change with it and give your business the best chance of succeeding through cybersecurity services that look out for you.