For a particular type of morally bankrupt individual, the idea of ransomware must appear to be a stroke of brilliance. For everyone else, ransomware is the stuff of nightmares. That goes double for eCommerce merchants, for whom their store and its data is their business and livelihood. The loss of data to a ransomware attack puts eCommerce merchants in an unpleasant position: to pay or not to pay? In this article I want to talk about how merchants can avoid being put in that position in the first place.
First, what is ransomware? In short, an eCommerce ransomware attack exploits vulnerabilities in an eCommerce store or server software to install malware which then encrypts the data on the server before presenting the merchant with a demand for payment. If the merchant pays, the attacker will send a key to decrypt the data. If they don’t pay immediately, the attacker often increases the price.Posted in: eCommerce, Magento, Security