Rapid Ransomware

The Threat of Rapid Ransomware Explained

You’ve probably heard the term ‘rapid ransomware’ popping up within the technology industry recently- but what does it mean? In this article, we will be outlining what rapid ransomware is, how it is different from the ransomware that we are all more familiar with, and what you can do to protect your business.

What is Rapid Ransomware?

Rapid ransomware is a new type of malware, the first case of which was recorded in January 2018. It is believed that this cyber attack was started by a phishing scam and since the start of the year, has affected 1000s of users and is actively spreading across Europe. It has also been reported that one recent attack took down 62,000 global network servers and workstations.

The cost of suffering this type of attack can range anywhere from a couple of hundred pounds, up to thousands, which could have crippling effects on small businesses. The ransom is typically payable in the form of cryptocurrency because of its anonymity.

What New Threats Does Rapid Ransomware Bring?

The reason why this new cyber attack can have even more of a severe effect on businesses is that once it has initially encrypted the systems, it stays active on each device and also continues to encrypt any new files that are created. It does this by creating auto-runs that launch the ransomware and display the ransom note every single time the infected system is started.

Since this threat is highly difficult to tackle, it is of utmost importance that preventative measures are put in place.

Threats of Rapid Ransomware

How can I Prevent a Rapid Ransomware Attack?

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What Should I Do if I Think my System is Infected?

Make sure you never pay the ransom, since this does not necessarily guarantee the reinstatement of your files. Instead, contact an IT support team, to find a less costly solution to the attack.

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