Ransomware has become a serious epidemic affecting businesses of all sizes, and protecting your company is more essential than ever before as the number of ransomware attacks continues to rise. A recent U.S. Government interagency report indicates that, on average, there have been 4,000 daily ransomware attacks since early 2016 — a 300-percent increase over the 1,000 daily ransomware attacks reported in 2015. ¹

As ransomware spreads, it continues to evolve and get more sophisticated — and more lucrative. In fact, according to Internet Crime Complaint Center, ransomware victims paid more than $24 million to regain access to their data in 2015 alone. ²

What does all this mean for small to medium-sized businesses? In order to protect your organization from cyber threats, you need to keep ransomware and cybersecurity top-of-mind and educate your employees about this destructive type of malware and the damage it can do to your business.

To help you address the growing threat of ransomware, we’ve taken a closer look at how ransomware works and the most common variants that are active today. We’ve also gathered our best advice on how to protect your business both proactively by taking precautions to avoid ransomware and reactively by being prepared to recover quickly and easily if you do fall victim to an attack.

You can contact us to learn more about Tech Network’s cybersecurity services and how we can help you.