Jeremy Herold

Americans Facing Ransomware Threats at Home

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Ransomware hackers attacking Americans in their homes

With so many people working from home due to the pandemic, it’s no wonder that cybercriminals have changed some of their base tactics in order to expand their victim base.

According to Michael Bruemmer, vice president of cybersecurity firm Experian, cybercriminals are branching out to hold homes hostage for money.

Experian recently published a report that highlights their five predictions for the data breach industry. One of those predictions is that hackers and cybercriminals in 2021 will target home networks.

As per the report, if a ransomware hacker were to gain control over home devices that control doors, windows, and security systems, that gives the criminal the power to “hold an entire house hostage for money, information, or even fame.”

Mr. Bruemmer relayed to Sinclair Broadcast Group that nearly 28% of wealthy people have had their home devices compromised.

The suggested uptick in attacks is that Americans are not doing enough to secure their homes, which are becoming more and more tied into the internet.

Bruemmer quipped, “You also have a huge number of people that don’t change the administrative passwords on their devices, or they haven’t turned on encryption, or they are not operating on (Virtual Private Networks). And then you throw the whole work-from-home, balance the kids, Amazon drivers coming to the door… You have a recipe for disaster.”

While everyone connecting to the internet should protect themselves by changing the administrative passwords on their devices, encrypting access to their home network, and having long passwords, those with devices that control their homes should be extra careful to ensure that they are taking every precaution to protect themselves from hackers.

Read our article on password best practices here: https://rhynonetworks.com/are-you-following-the-new-password-guidelines/

Once a ransomware criminal takes control of a device, it can be very costly to get them to release their control. Global losses gleaned by cybercriminals are projected to reach $1 trillion this year alone.

Cybercriminals are on the search to expand their victim pool; it’s important to be vigilant with your security.

As always, if we can be of help with your network or computer, give us a call here at RHYNO Networks. (855) 749-6648

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