The long overlooked weak spots of technology have been exploited by ransomware. As it continues to bring damage across the world. Calling for urgent intervention.
Almost weekly, companies, cities, hospitals or any institution whose data is stored on the internet have been victimized by the ransomware.
What ransomware does
Hackers will manipulate data by encrypting them. They do not steal any data but the access to data is what they are working on. Criminals will then offer solutions for a certain fee. Once satisfied, they will then decrypt so that the access to data will be restored.
Every institution victimized, incurs high costs, operation disruptions, jeopardizing medical services, and other negative impacts. As more people and institutions become reliant on the internet, cyber criminality is growing. And yet there seems to be little that has been done to stop or capture them. The growth of ransomware reflects loopholes in the tech world, needing attention for pressing solutions.
Obviously, there are some fundamental weaknesses that criminals are exploiting. Knowing them makes so much difference in protecting from the cyberattack. Some of these weaknesses have been around for some time already. Pointing to the failure of experts to look into the issue.
Taking Security Seriously
This growing threat in the tech world calls for institutions to take security measures seriously. That means investing in cyber protection and establishing protocols to ensure utmost protection from hackers. Strengthening the security measurement to vulnerable software before using.
Equally important is for technology makers and developers to include security protections before offering to the public or institutions.
While much of the world becomes borderless when it comes to the internet, cyber criminals are growing in countries that have no capability to put up security infrastructure. They remain untouched as local police, where they are located, remain incapable to catch them.
Moreover, many of these local police show no interest over this matter. So long as their direct constituents remain untouched, there seems to be no drive for them to go after the cyber criminals.
Security measurement in the pipeline
Because of the growing threat brought about by the ransomware, concerned agencies together with experts, software and hardware makers are working to counter this threat.
Intel for one has been developing technologies that can detect a ransomware attack on the hardware level. A number of tech companies that include Microsoft, Citrix and FireEye are working on a three-month trajectory to come up with solutions to counteract the cyberattack. The solutions promise significant mitigation to the threat brought by ransomware.
On the geopolitical level, countries have been rallied to participate and cooperate in going after the cyber criminals. Governments are enjoined to scrutinize huge funds that have been coming in and out of the country. Cyber criminality has been on the rise due to the huge money criminals gained through cyberattacks. If flow of huge funds will be tightened, this will in a way slow down the criminal activities.
The threat from ransomware attack is no longer something to be set aside. It calls for an urgent action of concerned agencies and technology stakeholders to do something before this cyberattack goes out of control.