Don’t leave your business to the mercy of cybercriminals

M&T Bank can connect you with security programs to help thwart ransomware attacks.

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What is a ransomware attack?

Ransomware is a form of malware that, when activated, locks all the files on a computer or network. Users can unknowingly download ransomware by accidentally clicking on corrupt links or visiting criminal websites. The cybercriminal responsible for the debilitating malware will then demand a ransom for the victimized business to regain access to its data. The more critical the frozen information is to a company, the more expensive and devastating the damage can become. Some ransomware can even seize files stored in the cloud.

How to protect against ransomware

The best way to protect your business from ransomware attacks is to educate everyone in your organization. It’s critical that your staff consistently follows best practices for replying to emails, browsing the internet, clicking on hyperlinks and much more. Cybercriminals use sophisticated methods to trick unknowing victims, but there are telltale signs that can alert you to ransomware threats. Another key component in an effective security system is a data backup strategy, which could save you from paying ransom to retrieve sensitive information.

M&T can arm your business with the resources it needs to outsmart the hackers. Fraud is big business, and no one is immune to attacks. Ransomware, once installed, can devastate a small business. Planning today can prevent tomorrow’s cyberattack, and M&T can help.

Learn how to help your business thwart off fraud. Visit your local M&T branch or schedule an appointment.


Small Business Fraud Types

Our resources can teach you and your staff how to recognize the signs of fraud and best practices for processing credit card transactions, avoiding suspicious hyperlinks, paying invoices, and much more. Learn more about types of fraud in small businesses.

Partner with M&T Bank

M&T’s Business Banking Specialists are ready to offer you support at any stage of your business. Get to know the advantages of being an M&T Business Banking client.