Ransomware is one of the fastest-growing cyber-crimes in the world. Last year, 37% of businesses were victims of an attack.<\/p>\n
In case you didn\u2019t know, a ransomware attack is where cybercriminals infiltrate your network (or device) and steal your data by encrypting it. The data is still there, but you can\u2019t access it.<\/p>\n
Then they demand you pay a large ransom fee for the encryption key.<\/p>\n
If you don\u2019t pay the demand (which can be tens or even hundreds of thousands), they delete your data.<\/p>\n
It\u2019s not just the cost of the ransom fee to worry about. There\u2019s the stress, reputational damage, and downtime that goes with it. In 2021, the average downtime suffered after a ransomware attack was 22 days.<\/p>\n
Official advice is not to pay any ransomware demands.<\/p>\n
However, a new survey has shown that a massive 97% of business leaders who\u2019ve experienced a ransomware attack in the past would pay up quickly if they were attacked again<\/p>\n
A third of them would pay instantly.<\/p>\n
What does that tell you about what a nightmare the whole thing is for any business?<\/p>\n
The other problem is, when you pay a ransomware demand, it\u2019s not guaranteed that you\u2019ll get your data back. On average, only 65% of data is restored once a fee is paid.<\/p>\n
You may face further extortion. And by letting cybercriminals know that your business pays ransom fees, it\u2019s likely that you\u2019ll face subsequent attacks in the future.<\/p>\n
So what\u2019s the best way to deal with ransomware?<\/p>\n
First, you should put in place the right security measures to try to prevent an attack:<\/p>\n
It\u2019s also a great idea to have a response and recovery plan that details what you will do in the event of a ransomware attack.\u00a0Not only will it mean your business can respond faster, but it should reduce the amount of downtime suffered as you\u2019ve already considered exactly what needs to happen.<\/p>\n
Call CMIT Solutions of Cincinnati East at 513-815-5500 to step up your cybersecurity.<\/p>\n","protected":false},"excerpt":{"rendered":"
Ransomware is one of the fastest-growing cyber-crimes in the world. Last year,…<\/p>\n","protected":false},"author":84,"featured_media":3905,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16],"tags":[17,18],"class_list":["post-3871","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-quick-tips","tag-cybersecurity","tag-ransomware"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t