Ransomware Attacks

Cybercriminals are evolving their tactics, targeting larger organizations for higher payoffs. While individual victims remain common, hackers increasingly focus on healthcare organizations, local governments, and financial institutions. Their weapon of choice? Ransomware attacks. These high-tech assaults restrict access to sensitive data and disrupt critical services, essentially holding entire systems hostage.

How Ransomware Attacks Work

Ransomware attacks are an insidious form of cybercrime. Malicious actors infiltrate a computer system or network through vulnerable entrance points and encrypt the company’s data, making it inaccessible. Attackers typically threaten to publish sensitive information or permanently delete critical data if the ransom isn't paid.

How Wescom Guards Against Ransomware Attacks

To protect our members and their assets, Wescom proactively defends against sophisticated cyberattacks through a multi-layered approach:

State-of-the-art technology that provides convenient, secure digital experiences.

Highly trained staff who follow privacy protocols designed to protect your personal information and deposits.

Internal security systems that can detect and respond to threats in real time.

A comprehensive business continuity plan for resiliency and recovery.

By maintaining multiple tiers of defense and regularly updating our security measures, we effectively guard against emerging cyber threats.

Learn more about how we can work together to keep your account secure by visiting our Wescom Security Center at wescom.org/security-center.