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Ransom - Closing Doors

Earlier this month, Lincoln College in rural Illinois announced its closure after more than one century in operation. The reason? A devastating ransomware attack.

The institution already faced a tough foe in COVID-19. However, it hit rock bottom when in December 2021, it was unable to access data used in student recruitment and retention. The school paid a ransom of less than $100,000 to recover data that had been blocked by the Iranian-based hack.

There were severe enrollment shortages by the time Lincoln regained access to its core computer systems in March. Lincoln requires $50 million in order to stay open.

Unfortunately, despite all the efforts, such as fundraising events, Lincoln could not cope.

Numerous US Senators issued a call to action, urging the US Department of Education and the Department of Homeland Security (DHS) to boost cybersecurity protections at K-12 educational institutions in order to catch pace with an upcoming wave of ransomware implications.

But these government organizations can only do so much. The educational institutions must step up to protect themselves from such attacks.

You should step up to ensure that your business will be unharmed. Your business continuity measures must include how to dodge business threats such as ransomware attacks.

How can you face up with ransomware implications?

You should educate and train your people. In an ideal world, your employees must be well-versed in the threat of ransomware, including how to recognize it and what to do, and who to notify if they find something odd.

You must implement protocols. Ransomware assaults have become so common; you need company-wide policies and practices in place, not just to protect yourself from them, but also to respond to them when they do happen.

There should be regular data backup. This action is the greatest approach to maximize your chances of effectively recovering from a ransomware outbreak with as little harm as possible.

Restrictions on access must be imposed. You can help to reduce the possibilities of ransomware infecting local systems and spreading to the rest of your network by removing local administrative rights and restricting code execution and system access.

Preventing ransomware attacks does not have to be difficult. BCM Next can help you in this endeavor.

The ever-present cyber danger can be subdued. With BCM next, you can feel the digital ease and safety at all times.

You don’t need to close down any doors. Recover from ransomware attacks with the help of BCM next!


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