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Day: April 18, 2022

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Ransomware attacks can be headaches of the highest order, and in many instances they have disastrous repercussions and that is to say nothing of the way those repercussions are paired with major expenses no matter how the problem ends up being resolved. When Japanese automaker giant Toyota had to shut down 14 factories across the country for one day, it was staggering to see just how much in the way of financial loss could come from just 24 hours of dealing with an attack. Most businesses will be of a much smaller scale, but there’s also been plenty of instances of data being breached for businesses that no one will necessarily be familiar with. No matter what size of operation, if you have sensitive data stored in digital format – and who doesn’t nowadays – then you will want to make sure you have all the defences in place there and ready to do their job if and when it’s needed of them. Ransomware attacks are increasing; between 2019 and the end of 2021 they had risen well over 200% overall worldwide, and again it’s not always just the big fish being attacked. Likely goes without saying that data management and data security are two aspects of operation that we can relate to here at 4GoodHosting, and that will almost certainly be true for any other quality Canadian web hosting provider who has the same solid operating principles for their web hosting business. Like most we’re also as enthusiastic and bullish about the ever-evolving potential for cloud computing, which leads us to our topic of discussion for this entry – why do ransomware attacks tend to look past cloud computing environments when weighing potential victims? Franchised Ransomware A recent advisory from the Cybersecurity and Infrastructure Security Agency (CISA), the US FBI, and the NSA reveals the latest trend is now ransomware as a service. Where gangs of malicious hackers essentially ‘franchise’ their ransomware tools and techniques and then make them available to less organized or less skilled hackers. This works out to many more attacks, despite some of them being not as sophisticated as others for the same reasons. But...

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