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Cyber threats are evolving. Is your business ready?

These two cyberthreats aim to exploit your weakest link.

Your business stores valuable customer and employee data, so naturally, it’s a compelling target for malware and ransomware attacks. Review the information below and follow our four key strategies to combat malware. Explore our digital security features page for additional security tips.

Explore Security Features

 

  1. Malware: Short for “malicious software, it’s designed to gain unauthorized access and harm your computer systems.
  2. Ransomware: Malware specifically created to encrypt your files, demanding you pay a ransom to unencrypt the files. Although modern ransomware techniques also include stealing your files, for purposes of double extortion.
 

These attacks can be incredibly costly to your business. They can take the form of:

  • Phishing emails with malicious attachments
  • Drive-by downloads (visiting a compromised website that installs malware itself)
  • Infected USB drives
  • The exploitation of vulnerable software

More and more, websites are becoming infected with malware that downloads and installs when clicked.

 

4 Key Strategies Businesses Use to Combat Malware:


1. Insulate your Wi-Fi network.

Ensure your router is in a secure location and has a strong password. Change your password periodically and establish a separate network for guests.
 

2. Boost your security software.

Install multiple layers of security such as antivirus, anti-malware and anti-ransomware suites. Also, add email security software to access and quarantine email threats.
 

3. Encrypt your data and back up your files.

Use full-disk encryption tools for optimal security. Employ both on-site and cloud-based methods for backing up your company’s data. And test restoration periodically to ensure your ability to restore, if ransomware hits.
 

4. Educate your staff and form a response plan.

Talk to your staff about malware, how they can help protect the company against data breaches (e.g., by emphasizing the importance of not clicking suspicious links) and being careful about web browsing, especially when there are unusual requests to click, execute an action or provide information. Create a standard procedure to follow in the event of a malware incident.

 

To learn more about how you can further protect your business from these attacks, visit our Security Center. Thank you for choosing Five Star Bank as your trusted financial partner. 


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