Inyova’s short monthly newsletter about security recommendations, news, and interesting facts.
This is an internal newsletter sent to the Inyova team each month. We hope you enjoy it as much as we do!
Today’s topic: Massive ransomware increase
What the hack is ransomware?
Ransomware is a type of malware (malicious software) whose goal is to get to your device and block it or block access to some data, threatening to release the sensitive data if you do not pay a fee (usually in cryptocurrency).
Why should I care?
Since the start of Covid-19, ransomware attacks have increased by more than 400%. And they are getting even more popular as they are easy to create and spread.
Recovery costs were reaching USD 2 million per company in 2021. As a company, it’s likely we’re going to experience these attacks as well.
What should I do?
Ransomware gets to your computer if you click a link in the email or download the attachment. The best way to protect yourself is not to open any links or any attachments that are coming from a non-trusting/unknown/suspicious sender.
Zero-click ransomware
If you “just” open the email, ransomware is not installed. That’s because today’s modern email clients (like Gmail) do not allow running scripts in an email directly.
However, sneaky cyber attacks exist. There is indeed a type of ransomware which looks for your system vulnerabilities and infects the environment even if you do not “click” anything. That’s where the name “zero-click” comes from.
You can protect yourself by keeping your system up-to-date, using a trusted antivirus system, not clicking on any unusual/suspicious messages on Facebook, LinkedIn, Instagram…
That’s it! Keep your mechanics safe and thanks for reading.
Sources:
https://hackernoon.com/humans-and-tech-are-needed-to-stop-ransomware-infographic
Advertising notice: The information and evaluations presented here are an advertising announcement which has not been prepared in accordance with legal provisions promoting the independence of financial analyses and is not subject to any prohibition of trading following the dissemination of financial analyses. The acquisition of this investment involves considerable risks and may lead to the complete loss of the invested assets. Inyova receives an all-inclusive fee of 0.9 - 1.2 & p.a. for its services, depending on the amount of assets under management. The exact calculation can be found at www.inyova.de/en/fees.
Risk notice: All information is only intended to support your independent investment decision and does not represent a recommendation by Inyova. The product information and calculation examples presented do not claim to be complete or correct. Only the specifications in the asset management contract incl. the further legal documents, which are made available to customers of Inyova via the complete customer documentation, are authoritative. Please read the asset management contract and the other client documents carefully before making an investment decision. The following applies to all shares and ETFs: Past performance is no guarantee of future performance. Information on past performance does not permit forecasts for the future. Investments in securities include the risk of a loss in value. Other securities services may achieve different results. The results for individually managed portfolios as well as the different time full stops may differ due to market conditions, different entry times, different portfolio sizes, individual restrictions and the respective composition of the portfolio.
Disclaimer: Past performance of financial markets and instruments is never an indicator of future performance. The statements or information contained in this document do not constitute a recommendation, offer, or solicitation to buy or sell any security or financial instrument. Inyova GmbH assumes no liability whatsoever with regard to the reliability and completeness of the information contained in this article. Liability claims regarding damage caused by the use of any information provided, including any kind of information which is incomplete or incorrect, will therefore be rejected. Furthermore, the statements contained in this document reflect an assessment at the time of publication and are subject to change. References and links to third party websites are outside the responsibility of Inyova GmbH. Any responsibility for such websites is declined.
EU Sustainable Finance Regulation: the terms and categories from this post do not correspond to the terms and categories of the EU Sustainable Finance Regulation. You can find the disclosures and explanations required under the EU Sustainable Finance Regulation at https://inyovagmbhpro.wpenginepowered.com/en/sustainable-finance-disclosure-regulation..
