Ransomware is a serious issue for businesses. How serious?
Think “$265 billion in costs by 2031” serious. In light of this, every organization needs to do everything possible to avoid falling victim to ransomware. Let’s touch on a few practices that will help.
At the end of January, the Federal Bureau of Investigation went public with an announcement that they had taken down the servers and Dark Web sites utilized by the Hive ransomware gang. This is a major victory, in terms of fighting cybercrime, but a certain statistic from this operation shows a somewhat disconcerting trend.
Smartphones have managed to hold out against ransomware a bit longer than other hardware and operating systems, but those days are coming to an end. It’s important to remember that the average smartphone is not protected with antivirus software and thus remains threatened by your standard ransomware attacks. It is absolutely critical that your business doubles down on its protection against ransomware, especially in the mobile market.
Despite their best efforts, cybersecurity can be a major cause for concern for all kinds of businesses and organizations. Even with a full team of cybersecurity professionals, data breaches can occur, and many of the worst data breaches of 2022 have been quite devastating. Let’s take a look at some of the worst ones so far.
We all know at this point how dangerous ransomware can be for businesses. It can lock down files, threaten operational continuity, and in some cases subject victims to brutal fines as a result of privacy breaches. One place where you might not expect ransomware to hit, however, is customer reviews, and it all stems from the big question: do you pay to resolve a ransomware attack or not?
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