Managed Service IT Provider

Day: July 28, 2021

Ayla Gwizdak

Does Your Business Have the Advantage of Being Protected Against a Ransomware Attack?

Ransomware and malware attacks are an $11.5 billion criminal enterprise. There were over 65,000 known successful cybersecurity breaches in 2020. Small businesses were targeted in 43% of all cyberattacks. That is a 424% increase in attacks on small businesses over the previous year. So, if you operate a small business, you may want to keep reading. Online crime is on the rise, and there has never been a better time to be a cybercriminal. The ease, low cost, low risk, and high payoff of ransomware and malware attacks drive a global crime spree by organized gangs of international cybercriminals. With the end of the year still months away, 2021 has already seen some of the boldest examples of cyberattacks in history; and at around $150k on average, ransom demands are at their highest levels ever. Cybercrime has rapidly evolved from digital vandalism by teenage pranksters into a lucrative criminal enterprise that threatens our economic and national security. Cybercrimes are growing in sophistication, and recent high-profile attacks, like those on Kaseya, JBS Foods, and Colonial Pipeline, demonstrate that cyberattacks can happen without warning, bringing businesses to their knees. Cybercrime can be relentless and expensive to remedy.  Cyberattacks are equal opportunity crimes.

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