Ransomware Protection [Case study]

In 2017, 184,000,000 devices were attacked by ransomware worldwide. Companies and individuals on average paid between $500 to $2,000 to attackers to unlock files. However, in one out of four cases, attackers received the money and did not unlock their victim’s files.

No one wants to experience the frustration, loss of productivity, and loss of money caused by cyber-attackers. From healthcare companies to municipal governments, all businesses and organizations should have ransomware protections in place as a precaution against these attack.

Learn why ransomware attacks are so successful, and how you can protect your business.

Ransomware is Everywhere

If you own a laptop or computer, you have probably heard of ransomware. Ransomware is malware, or malicious software, that creates an encryption on your computer’s files and threatens to destroy them unless you pay a ransom. Many ransomware attackers target large companies because of the huge gains they can potentially make, but that does not mean that small businesses are not at risk. With each passing year, ransomware has becoming increasingly sophisticated, and the average ransom likewise continues to increase from $300 to $500. Ransomware also continues to be one of the greatest threats to computer owners and their wallets because it works. Too many computers are unprotected and too many computer users do not take precautionary measures, making them easy targets for cyber-criminals.

Corocloud Case Study with Ransomware Protection

Sandler Dickson, whose personal computer containing a record of all of his real estate deals was attacked by ransomware. Thankfully for Dickson, he knew that all of his files always automatically uploaded and were stored on Corocloud’s backup service. As a result, he decided to restore all of the information himself, rather than pay the ransom. He wiped his computer clean of the malware, and with the help of Corocloud’s customer care team and technicians, he was able to locate and restore all of his files from the backup system.

Automatic Cloud Storage as Effective Ransomware Protection

This process of restoring all of your files is typically frustrating, complicated, and time-consuming for those who do not have experts at their service. Protecting yourself and recovering from ransomware attacks is more accessible than most people realize. If there is anything that we can learn from Dickson’s encounter with ransomware, it’s that ransomware protection is essential for any computer you own — whether it’s for your business or for your personal life.

It is better to take precautionary measures so that you will not be subject to a ransomware attack to begin with. CoroCloud provides customers with a reliable and secure cloud storage service so that you can be confident that your files are safe and accessible all the time. CoroCloud also provides you with live support 24 hours a day, 365 days a year.

How Corodata Can Help

Still unsure what the best ransomware protection strategy for your business is? Take a look at our options to find out how a Corodata partnership can keep your data safe and at the ready.
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