Cyber attacks on corporate sector up six folds in 2015-16 in India: Study

According to a Kaspersky Lab report based on Kaspersky Security Network (KSN) data, the number of attacks against the corporate sector 2015-2016, compared with 2014-2015 has grown six fold (from 27,000 to 158,000). Thus, ransomware tried to encrypt the data of every tenth B2B user.

Cybercriminals using ransomware have begun to attack businesses more frequently, particularly small and mediumsized companies. This trend is confirmed by the IT Security Risks 2016 study from Kaspersky Lab and B2B International, during which 42% of respondents from small and mediumsized businesses agreed that cryptomalware was one of the most serious threats they faced last year. For small companies, any data unavailability however brief can lead to significant losses, or bringtheir entire operations to a halt.

If a company has not been taking due measures to ensure the safety of its important information, purchasing the decryption key from cybercriminals can be the only way to recover data. However, this does not guarantee complete data recovery. The best way to protect your company from malware is to prevent the attack in the first place

“To avoid infection, your personnel should explain where attacks come from and that employees should not open email attachments, visit untrusted web resources or plug USB devices into unprotected computers. Antimalware solution is an essential measure to avoid majority security incidents,” said Konstantin Voronkov, Head of Endpoint Product Management Kaspersky Lab.

Kaspersky Lab experts recommend that small and mediumsized companies should follow several simple safety rules: (Economic Times)