There are many different types of cybercrime. One of these schemes is ransomware, which has impacted both public and private companies who have fallen victim to these attacks. Ransomware attacks can cripple their victims for hours, days, weeks — and even months.

This year, each month will feature an article focused on ransomware. The articles will cover: 

✓ What is Ransomware
✓ Defined Terms
✓ How is Ransomware Delivered
✓ Why and Who do they Attack
✓ Ransomware Types
✓ What to do if you are Attacked
✓ Why Cryptocurrency?
✓ Prevention
✓ Resources
✓ What's next? Watering Hole Attacks

Criminals who launch ransomware attacks intend to restrict access to the victim's computers by encrypting their data. Then, the criminals demand a ransom to restore the victim's systems and regain access to their data. You can imagine all the pitfalls! 

A panel of cyber experts recently reported that more than 90% of all successful attacks occur because of the actions of a person. Humans are the biggest factor in preventing an attack. 

SPOILER ALERT: The articles in 2022 will inform readers about this crime and how to reduce your risk of becoming a victim. Three preventative measures you can take are: 

1. Use strong and unique passwords
2. Enable multi-factor authentication (MFA)
3. Install all security patches and software updates in a timely manner

Next month's article will describe what ransomware is. Do not miss it.

Article provided by contributing author:
Diana Hoffman, Corporate Escrow Administrator
Fidelity National Title Group
National Escrow Administration