Perhaps you’ve seen the headlines: Ransomware is the fastest-growing malware threat today – it’s spreading like wildfire, with a dramatic uptick after the onset of the Covid-19 pandemic. No business is immune. Attackers find it easy to exploit a lack of threat-awareness, IT expertise, and/or outdated approaches to data protection or cybersecurity, putting all businesses at high risk.
Why SMBs are especially vulnerable to attacks
Certainly, a ransomware attack on a large business can result in a lucrative payday for a cybercriminal. But earning this paycheck is also much more challenging for them. While enterprises are equipped with sophisticated IT teams and technology that help prevent and respond to a ransomware attack, SMBs are typically not as prepared, making them very easy targets.
Perception vs. reality
Despite the real threat landscape, only about 30% of SMBs are concerned about ransomware, and40% do not have cyber security defense plans, according to Sophos’ 2021 report. For many SMBs, there’s also a misconception that implementing a comprehensive cybersecurity defense plan is too expensive and/or time-consuming.
The good news: getting prepared is easy
Our team has a proven history of working with clients to shore up their ransomware protection so that they can fight today’s threats, recover from any attack, and avoid paying a ransom. Our approach integrates next-generation data protection with cybersecurity – or cyber protection – to ensure our clients have unparalleled protection of all their endpoints, systems, and data.
Did you know?
Ransomware is malicious software (malware) used to encrypt the victim’s data with an encryption key that is known only by the attacker, thereby rendering the data unusable until a ransom payment is made by the victim.
Ransomware attack trends
300% – Attack rate increase during the pandemic
1 in 5 – SMBs have fallen victim to a ransomware attack
92% of victims who pay the ransom never get their data back
Common SMB misconceptions
We’re too small to be a target
Cybersecurity is too expensive
We have nothing that cybercriminals want
Working with us means you gain an expert, vigilant team that keeps your data safe: we can evaluate your risk level, identify gaps in your security protocols and help close any gaps. Reach out to learn more about the cost-effective services we provide.