Is Your Manchester Business Protected From Ransomware?

Protect Your Business From Ransomware

Given that October is Cybersecurity Awareness Month, this is a key time to check your understanding about the most serious cybercrime threats..

How about ransomware? Do you know how it works? Do you know what it could cost you? In a ransomware attack, an unsuspecting user clicks on a seemingly safe link, or emailed attachment that appears to be a bill or other official document. Instead, the attachment installs a malicious software program (malware) onto the computer system that encrypts the data and holds it at ransom. The user is then stuck without access to their data, and faced with paying the attacker a huge sum.

How Common Is Ransomware?

It’s one of the most prevalent threats to US organizations…

• 500 schools have been hit by ransomware in 2019. In fact, 100 of those incidents took place just in the past month alone. A school in Flagstaff had to cancel classes early in the semester because they had to take their systems offline after being infected by ransomware.
• 22 different organizations in Texas, many of which are local government agencies, were recently infected with ransomware.
• Lake City recently shelled out nearly $500,000 to hackers so they could get their data back. Similarly, the Riviera Beach City Council just had to pay $600,000 for access to their data after a similar attack.

Is Ransomware All That Expensive?

Maybe you can accept that ransomware is real, but don’t believe it’s all that costly. You’d be wrong.

According to Beasley Breach Response’s 2019 noncompliance report…

• The average ransomware payout is $116,000
• The highest ransomware demanded by cybercriminals was $8.5 million
• The highest ransom paid by a target organization. was $935,000

How could it possibly cost so much? Just think for a second what it would be like if you couldn’t access your data. Technology is a such a crucial part of business today, that without it, you can’t do much of anything.

Can You Afford To Pay A Ransom And Stay In Business?

Definitely not.

That’s why you need our help. The Acapella Technologies team will minimize the threat ransomware can pose to you, and keep you from having to pay. In addition to a range of other managed IT services, our team will protect your organization’s network with robust security solutions. Anti-virus, anti-malware, firewalls, and emergency data backup will help to minimize threats against your staff and your student body.

If you’re not sure about how to ensure your protection against ransomware and other cybercrime threats, then don’t try “fake it ’till you make it”.

Like this article? Check out the following blogs to learn more:

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