20/07/2021
We know first-hand how devastating cybersecurity threats are to small and medium-sized businesses. Unfortunately, we see the impacts of these events on a regular basis.
RANSOMWARE, the fifth most common form of malware which is expected to overshadow other malicious programs in the next few years, is an easy way for low-skilled hackers to generate large profits.
The only way to access your files or unlock your computer is to pay a ransom. Victims of a ransomware attack will usually be expected to make a Bitcoin payment through an untraceable portal, and often there are penalties for late payment.
In order for a business to continue with their day to day operations, sometimes the victim will see no other option than to pay the ransom - which is exactly why this particular threat is so hard-hitting for small to medium-sized businesses.
If you are facing a RANSOMWARE attack, ASK FOR HELP! Support + Early Intervention = Better Outcomes For Your Business.
Also, if you get a chance, check out this brilliant article: https://okt.to/ScieVT.
It’s a few years old, but well worth the read.
While most of the decision makers would likely prefer to hear a simple yes or no when asking if they should pay, nothing in security is simple. By and large, the position of many leaders in the industry is that the ideal situation is not to pay.