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Sunday, November 24, 2024

Even the Pros Underestimate Microsoft 365’s Ransomware Risk

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According to new research, one out of every four IT professionals either lack awareness or don’t realize that Microsoft 365 can be impacted by a ransomware attack.

On top of that, 40% of professionals who use the workplace software say they have no recovery plan if there’s a ransomware attack.

Both the tech community and the general public have been well aware of ransomware attacks for some time now. These attacks have been on the rise, with 70% of the biggest cyberattacks in 2018 being ransomware and 82% of those aimed squarely at small businesses.

Nearly 1 in 5 IT Professionals Have No Recovery Plan

According to a recent report from security firm Hornetsecurity, more than 2,000 IT leaders surveyed were polled about their data recovery plans. The report also revealed an increase in the number of respondents without a data recovery plan for ransomware: 49 percent of those polled in 2018 said they had no data recovery plan, up from 43 percent last year.

The number of people who had no disaster recovery plan in 2022 was 19%, up from 16% in 2021.
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Microsoft 365 is a fantastic piece of software, but it has its flaws. Administrators can back up their data with third-party tools and protect themselves from these attacks by doing so.

The importance of data security can’t be ignored for a number of reasons. One such reason is that where ransomware is concerned, it’s not only large corporations who are affected by this threat. In fact, one in four IT pros working within Microsoft 365 feel they’re more vulnerable to attack than others. But ransomware can sneak into any system, so an important step is to protect the sensitive data no matter the industry or company size.

What are the biggest threats to your business security?

Hornetsecurity found a list of many different ways that ransomware attacks are attempted, such as those attempts by both successful and failed ransomware attacks that have occured over the last 12 months.

Six out of every ten ransomware attacks were initiated through email or phishing, according to Hornetsecurity. Almost half of organizations do not provide training for end users on how to identify and prevent ransomware.

Hackers always target the weakest link in any security system and it’s often one of your employees. They might open up a malicious email to download a harmful file.

Areas of ransomware attack include: ‘compromised endpoints’ (16.4%), ‘poor perimeter security’ (7.7%), ‘social engineering’ (7.2%), and ‘exploits (zero-day or other)’ (6.4%).

It takes only a small amount of information to do a lot of damage, so it’s important to stay safe when surfing the internet. Here’s what you need to know.

Providing end-user training can help employees learn what red flags to look for to avoid falling for a phishing scam.

We recommend that you supplement this training with software designed to flag potential threats and point them out to employees. It’s easy to get complacent when you’re fielding dozens of emails every day. We believe that password management tools should be used as additional security against phishing attacks. Many of the top options will detect suspicious website logins, making them a great layer of defense against a phishing attack.

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