Waypoint Technology Solutions Blog

We’ve spent the last few weeks discussing ransomware's impacts on different subsets. First, we discussed how a ransomware attack impacts the customers of the infected business, and then we touched on the infected business itself. To end, we want to touch on ransomware's impacts on society, specifically regarding economic health and geopolitical security, known as third-order harms.

Last week, we discussed the many impacts your business suffering from ransomware has on “second-order harm,” downstream businesses, and average, ordinary people. This time, we wanted to return to “first-order harms”… those the impacted business has to deal with itself.

It can be too easy to look at ransomware as a business problem. After all, it attacks businesses, locking down their data for ransom, often selling it or spreading it, and sometimes altering it for the business if returning it at all. It can be too easy to overlook another impacted target in all the mess.

What happens to the people whose data a business has collected and uses?

When considering your company’s cybersecurity, it is important not to lose sight of the forest for the trees… or, in other words, not to forget the basics around which the rest of your protections are built.

We’re hoping that you are actually reading this post to prepare yourself if your business were to face a ransomware attack, but if you are suffering from one right now, we encourage you to reach out to us immediately, whether you are a client or not. Ransomware spreads quickly, and once it has infected a system, there really isn’t much you can do to stop it. However, there are steps you need to take to come back from this gracefully.

With ransomware becoming one of the single most dangerous threats out there for small businesses, it’s more important than ever to know how to protect your company from its influence. Thankfully, there are measures you can take, including some very powerful ones like zero-trust policies that can thwart attempted ransomware attacks.

You don’t need us to tell you that ransomware is a problem (or maybe you do–we mean, it’s a huge problem). It’s dangerous to both businesses and individuals, and it has become such a common threat that all organizations need to have a plan in place to address it with their staff. Today, we want to highlight a three-part strategy that you can use to approach ransomware in the most secure way possible.

There are a lot of threats to businesses nowadays, but ransomware seems to be the worst… or at least, the most feared. It seems as though we can’t mention cyberthreats anymore without mentioning ransomware. Unfortunately, we’re right to do so, and the reason for this is a simple one.