Ransomware Guide From NIST

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You can find the NIST Ransomware video and other SBCC videos at:

https://www.nist.gov/itl/smallbusinesscyber/videos

Ransomware
What could be more terrifying to you, a small business owner, than to discover you are locked out of your own
computers because you’ve been hit with ransomware.

What is “Ransomware”?
Ransomware is a type of malicious attack where attackers encrypt an organization’s data and demand payment to
restore access.
Here’s an example of how a ransomware attack can occur:
1. A user is tricked into clicking on a malicious link that downloads a file from an external website.
2. The user executes the file, not knowing that the file is ransomware.
3. The ransomware takes advantage of vulnerabilities in the user’s computer and other computers to
propagate throughout the organization.
4. The ransomware simultaneously encrypts files on all the computers, then displays messages on their
screens demanding payment in exchange for decrypting the files.
Common ways ransomware can hit you:
• Email – phishing emails can trick you into clicking on an attachment (“Urgent Invoice”) that allows the
malicious software program to take over your computer.
• Malware – if your network or software is vulnerable, a cybercriminal can sneak in and plant malicious
code. It might sit unnoticed for a period of time, allowing the bad guys time to access files and steal data,
then finishing up with unleashing ransomware so you can’t see the damage.
Ransomware is a common threat against any business, large or small. It can put a company out of business or
disrupt operations for a long period of time. Paying the ransom can be very expensive and there’s no guarantee
that data will ever be recovered. If customer data is stolen, it may trigger state data breach notification laws.
Ransomware disrupts or halts an organization’s operations and poses a dilemma for management: does the
organization pay the ransom and hope that the attackers keep their word about restoring access, or does the
organization not pay the ransom and restore operations themselves?
Fortunately, organizations can take steps to prepare for ransomware attacks. This includes protecting data and
devices from ransomware and being ready to respond to any ransomware attacks that succeed.
Don’t assume your business is too small to get hit. The nature of ransomware is that the cybercriminals work to
ensure their malware spreads as widely as possible, infecting the computers of individuals and businesses of all
sizes.

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