Ransomware Is Exploding. Are You Prepared to Protect Your Firm?

An IT Solutions Security Bulletin, September 14, 2021

Any business owner who reads the news has heard about ransomware. However, many do not realize how bad it has become. In 2020, cybercrime such as ransomware cost companies a staggering $4.2 billion, up from $1 billion in 2015*. Over a 12-month period, the average cost of remediating a ransomware attack more than doubled.

Yet, 2021 is shaping up to be far worse. In the first half (H1) of 2021**, ransomware attacks skyrocketed, eclipsing the entire volume for 2020.

Has your business taken action to avoid a ransomware attack? 

More than half of business owners in a recent survey believe the cyberattacks that immediately precede ransomware demands are too advanced for their IT teams to handle on their own.
Fortunately, our Security as a Service offering was designed specifically to help companies like yours defend themselves against cyberattacks, ransomware demands and other security dangers.

• Powerful technology automatically prioritizes and ranks every alert, identifying any causal correlation and enriching the notification with data. This approach lets us escalate only the real threats to your network so our security experts can focus on the issues most likely to cause significant damage.
• Cloud-hosted to reduce costs and free up resources for our clients, our Security as a Service also enables rapid scalability as business imperatives change. All while eliminating the cost, complexity, and maintenance requirements of on-premise alternatives.
• Deployment is fast and flexible to accommodate every organization, with optional custom tailoring.
• Yet, the footprint is very light, resulting in no perceptible impact on your network performance.

Recovering from a ransomware attack can take years. Then there’s operational downtime and the loss of customer confidence. Increasingly, cyberthieves are also leaking corporate and personal client data online.

To avoid these outcomes, we recommend two actions:

1.    Sign up to receive our security bulletins. Each week we will be sharing important cybersecurity tips, best practices, and breaking news on cybersecurity threats as they emerge.
2.    Leverage our IT Solutions’ Security as a Service. For a complimentary consultation with no obligation to purchase, call 1.866.PICK.ITS.

*statista.com
**helpnetsecurity.com