Insights: Article

Protecting Yourself from Ransomware

A Seven-Part Recipe to Avoid Ransomware

By Mike Arvidson

May 19, 2017

The global ransomware attacks on May 12 and 14 should have you spooked… here’s what to do next!

Remember: Cybersecurity is not static, and it’s highly complicated so no one solution will be a quick fix. There’s no magic bullet when it comes to securing your organization. But there is a recipe of solutions that can move your organization in the right direction.

To be as secure as possible, you must take a multi-layered approach involving seven key areas.

  1. Protect your business from malicious activity by educating your employees. You’ll want to roll out security awareness and user training so that your team is armed with insight and is discerning enough to not open or click on suspicious links and attachments. As the business owner, it’s your duty to teach and empower your employees to interact safely with email and websites.

  2. Employ an email security system. An email security system should be in place to protect against threats coming through email. Even if your team has been trained to be cautious, without an effective and strong security system, threats can still get through.

  3. Ensure that your systems are up to date. Patch management solutions are in place to ensure that the latest fixes from the software development companies are actually installed across your organization. Think of the latest iPhone update (have you installed it yet?): Sometimes people delay an update for various reasons, but what they need to know is that by not updating with each new release, they’re putting themselves and organizations at risk. A proper patch management solution effectively administers firmwide updates and closes security holes in your systems.

  4. Secure your connection to the Internet.A firewall with the intelligence and advanced security detection capabilities to detect and prevent threats from entering your business network can help ensure security.

  5. Deploy Next-Generation Endpoint security (anti-virus) on servers and work stations. Using a real-time threat security prevention solution is key to detecting new threats quickly enough to prevent infections.

  6. Use application whitelisting. Application whitelisting will truly control which programs can run throughout your network.

  7. Use the appropriate backup software. Do you know what you’re backing up and what you are not backing up? Are your backups working? Have you tested a restore recently? Do you have three copies of your data on two different media types and at least one copy of your data offsite? Your backups will be critical to recover data in a time of need.

Latest Insights

November 16, 2018
Video
If your business sells or operates in more than one state, it’s important to understand the concept of nexus. Depending on how you’re earning revenue, having nexus could impose a variety of taxes, which vary state to state. Learn more in our…
November 15, 2018
Article
Until recently, many businesses weren’t overly concerned about sales tax. They knew they needed to collect and remit in the state in which they resided, but beyond that, their compliance burden was limited.
November 12, 2018
Article
This insight explores what dealerships can expect from the proposed section 199A regulations under tax reform.
November 8, 2018
Article
Are you a business taxpayer with annual gross receipts of $25 Million or less? If so, you may be eligible to take advantage of new Small Taxpayer Safe Harbors that could generate significant tax savings and simplify your tax returns in future years!
November 8, 2018
Article
Considered the most significant tax code overhaul in over three decades, the Tax Cuts and Jobs Act passed in 2017 includes provisions affecting both individuals and businesses.
November 7, 2018
Recorded Webinar
State and local sales tax compliance is always evolving, making it important to stay up-to-date on changes affecting your tax liability and responsibilities. This session will cover what you need to know regarding the recently enacted state and…
November 7, 2018
Article
“Why is my portfolio underperforming the market?” This question may be on your mind.
November 5, 2018
Article
Identify your implementation methodology. There are four practical expedients available. We'll explore each option.
November 5, 2018
Article
Deeper dive into ASU 2016 liquidity.