Saving Money By Bringing Down Computer Virus Expenses

Saving Money By Bringing Down Computer Virus Expenses

Bringing down computer-related expenses can be challenging. For example, the cost of getting a new operating system installed or reinstalled can easily go up to a few 100 dollars, particularly if the reason for the OS crash was a sophisticated malware or virus.

Planning ahead of time to bring down computer expenses can help you avoid wasting dollars on unnecessary repairs, new patches, and compatibility issues. If you are new to computers, educating yourself on the possible damages, their financial consequences, and mitigation strategies can save you time and money.

Computer-virus damage and financial costs

FBI released a report that computer viruses cost more than $24,000 per computer. To companies, the total cost of these viruses are $67.2 billion per year. In contrast, telecommunication fraud losses cost companies only about $1 billion a year. The company figure does not include the technology, staff, software and time invested to prevent security incidents, and losses to individuals are not included, as well.

An example of a damaging virus is the ILOVEYOU virus, which quickly spread to home and business computers through websites, file sharing, social media and email. The ‘Love Letter’ malware affected more than 500,000 systems and replicated itself to everyone in the victim’s contact list. The cost of the virus was $5.5 billion in the first 7 days alone.

Another virus named ‘Conficker’ resulted in $9.1 billion damages as it infected millions of computers around the globe. The virus looked for vulnerabilities and weaknesses after infecting computers, as well as downloaded code and logged keystrokes from malware-infected PCs and websites.

Common sources of computer virus

Cutting virus expenses first requires you to learn the potential sources. A virus usually infects your computer from the following sources:

Email

Phishing emails contain malicious attachments and links; opening these may download a virus on your PC or redirect you to a malicious third-party website. Such emails are usually sent by hackers impersonating legit organizations so that you’re tricked into reading the email and opening links and attachments.

Websites

Malicious websites are one of the top sources of virus downloads. These are described as overlapping webpages, and may contain no details of their origin. When surfing the web, hackers targeting your IP address can trick you into believing that an unidentified website is trustworthy. Cyber criminals may also use shortened URLs on social media followed by hashtags to make the URLs of malicious sites look legit. So a shortened link in your Twitter feed may supposedly take you to download the latest tending Trojan worm in disguise.

Wireless network at home

If you’ve a wireless network at your home, your computer can be exposed to a virus infection through file sharing with another virus-infected PC connected to the same network. In other words, an infected PC connecting to the home network and switching off its feature in ‘homegroup and sharing option’ will spread the virus to the computer that connects to the network under use.

Preventing virus infection to bring down expenses

You can save thousands of dollars in repair and recovery expenses by following these tips:

Utilize antivirus software

The best antivirus software for Mac or Windows, depending on your operating system, will safeguard your computer against viruses. Additionally, advanced solutions will protect your privacy from dangerous websites, identity thieves, and online threats. You may also get a password manager to detect weak passwords and a safe web browser that detects and blocks incoming threats from malicious websites.

Be careful with emails

Don’t trust all emails you receive easily. If there’s an email saying there’s a new policy for income tax and it requires you to submit personal information, do check the IRS website for a similar announcement. Follow the same rule for other suspicious emails.

Protected wireless network

Protect the wireless network in your home and office with a password. Also, be careful with public WiFi networks as they may be serving virus infected computers.

Bookmark the permalink.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

CommentLuv badge