Ransomware Continues to Annoy Business Owners

Ransomware has rapidly emerged as one of the most menacing and dreaded forms of malware attacks in use today. If you find yourself hoping it would simply vanish, it's completely understandable, but unfortunately, there is little reason to believe that ransomware is going away.

Numerous statistics demonstrate that, if anything, ransomware is on the rise. Let's examine a few of these statistics to provide a clear perspective on the situation:

• In 2022, the average ransom demanded was $812,380. This year, the average has surged to $1.54 million.
• Ransomware attacks have increased by 13% over the past five years.
• Alarmingly, ransomware is involved in 27% of malware breaches.

It's evident that ransomware is firmly entrenched in the cybersecurity landscape. Consequently, it is imperative to equip yourself to fend off its interference with your business operations.

Preventing Ransomware Infections in Your Business

In the vast majority of instances, ransomware spreads by exploiting end-users. Therefore, user training and testing are of paramount importance.

Ensure that your team is well-versed in the perils of ransomware, its modus operandi, and how to identify it. Educate them about phishing attacks, a common vehicle for ransomware distribution, and instill best practices for data security. Regularly assess their preparedness in thwarting phishing and other cyberthreats. In addition to targeted training to address any identified weaknesses, maintain a consistent regimen of training and evaluations on fundamental security practices for all team members.

This may seem like a considerable undertaking, but remember, you don't have to face it alone. We're here to support you. Call us today at (856) 524-7045 for assistance with comprehensive cybersecurity solutions, as well as general IT maintenance and management.