{"id":58302,"date":"2017-11-20T14:44:31","date_gmt":"2017-11-20T20:44:31","guid":{"rendered":"https:\/\/www.pcmatic.com\/blog\/?p=58302"},"modified":"2017-11-20T14:44:31","modified_gmt":"2017-11-20T20:44:31","slug":"ransomware-damage-projected-2019","status":"publish","type":"post","link":"https:\/\/www.pcmatic.com\/blog\/ransomware-damage-projected-2019\/","title":{"rendered":"Ransomware Damage Costs Projected at $11.5B in 2019"},"content":{"rendered":"

Ransomware Damages Projected to Skyrocket<\/h3>\n

With 2017 coming to an end, the final ransomware damages are being released.\u00a0 This year alone, ransomware damages are projected to total $5 billion.\u00a0 This includes not only the ransom demands paid, but also the company downtime, remediation efforts, loss in productivity, investigation costs and reputation damages.\u00a0 One would almost think, it cannot get much worse.\u00a0 However, according to CSO<\/a>, ransomware damages will exceed $11.5 billion by the end of 2019.<\/p>\n

Staying Protected<\/h4>\n

The ransomware epidemic will not be slowing down anytime soon.\u00a0 Therefore, users must be proactive.\u00a0 The US-CERT <\/a>recently issued a warning regarding malware, and what users need to do to be prepared.\u00a0 Below are the top tips:<\/p>\n

    \n
  1. Use application whitelisting.\u00a0 This is a default-deny approach, which will only allow trusted programs to execute.\u00a0 All unknown files will be blocked from running, until proven safe.\u00a0 PC Matic Pro<\/a>, PC Matic MSP<\/a>, and PC Matic <\/a>for home users all use an application whitelist as its core malware detection method.<\/li>\n
  2. Keep all software updated.\u00a0 This includes operating systems, third-party applications, and security software.\u00a0 Updates are released for these programs for various reasons, including to patch security vulnerabilities.\u00a0 If software is not being updated, users are leaving backdoor access available for hackers to exploit.<\/li>\n
  3. Disable macros.\u00a0 Often times, malware requires enabling macros to execute.\u00a0 If macros are disabled, it could prevent the malware from infiltrating the system.<\/li>\n
  4. Review and edit rights.\u00a0 Many employees are granted privileges not needed for their daily tasks.\u00a0 By having an excess of administrative rights, they are allowing passages for malware to spread, where otherwise unnecessary.<\/li>\n
  5. Think before you click.\u00a0 Do not click on links or emails that are unfamiliar.\u00a0 Hackers exploit two user vulnerabilities here.\u00a0 First, our consistent need to be connected.\u00a0 Whether it is our PC, tablet, or phone, we always seem to have access to our emails.\u00a0 Second, we tend to click through emails quickly, due to the large quantity received daily.\u00a0 Therefore, cyber criminals hope users are not being cognoscente of who the email is from, or where the link is going.\u00a0 They will simply make it look legitimate and urgent, making users feel the need to resolve or explore whatever issue the email is claiming.<\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"

    Ransomware Damages Projected to Skyrocket With 2017 coming to an end, the final ransomware damages are being released.\u00a0 This year alone, ransomware damages are projected to total $5 billion.\u00a0 This includes not only the ransom demands paid, but also the company downtime, remediation efforts, loss in productivity, investigation costs and reputation damages.\u00a0 One would almost […]<\/p>\n","protected":false},"author":54,"featured_media":55338,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center 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