SAN FRANCISCO, May 24, 2017 /PRNewswire/ -- As "Wannacry" Ransomware stroke hundreds of thousand of systems across 100 different countries, companies realized that they weren't taking IT Security seriously enough. More than anything and with Ransomware as one exception, because many security breaches are ever hardly noticed by companies, or at least that we are talking about e-commerce specifically, have an important enough impact on their day to day operations.
Stealing of Databases and other relative important loss of information happens all the time, but unless publicly made, this may not necessarily affect the company´s revenue or its overall work flow.
This of course generates a "vicious circle" in which companies neglect IT Securty, forsaking important Network Infrastructure and Systems security updates, allowing hackers an other cybercriminals to freely intrude into their networks, until something as notorious as a Ransomware occurs, or in the case of e-commerce businesses...sales plummet.
"Ransomware could be devastating for companies of all sizes...but at the end of the day is just what the attackers decided to do, since many other things may have happened before that...because they have already gained power over the Network" says Talon Cyber Defense a cybersecurity firm specialized in anti-ransomware computers.
The point is that companies shouldn't wait for something as notorious as the encryption of their data to react, since some attacks can be subtler but far more devastating, such as those that could hinder the income of e-commerce businesses for long periods of time.
That´s not to say that data encryption isn't terrible for any type of company, but at least it won´t last forever, a well orchestrated cyberattack to take control of network infrastructure could criple or even hinder its commercial growth for years to come...
"Wannacry" was successful not because it was crafted by evil geniuses, but because it relied on the fact that many systems out there were outdated and that companies at large were negligent about IT Security. Unpatched old operating systems were the most affected.
Furthermore, there has been many solutions for this type of cyberattack for years, from sophisticated to quite simple ones, that could have stopped "Wannacry" from ever working into a system or even spreading across an entire network.
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SOURCE iWay Magazine