Ransomware attacks are skyrocketing, both on businesses and, increasingly, against local governments. There are different and evolving types of ransomware attacks, often beginning with something as simple as a malicious link in an email, which can leave organizations both large and small with crippled infrastructure and mounting costs to get their systems back.
Small business loan provider Quickbridge put together a white paper and infographic breaking down the state of ransomware attacks, particularly on vulnerable small businesses. The infographic below breaks down what ransomware is, how attacks occur, how to protect your infrastructure, and the staggering economic and security impact of ransomware attacks over the past several years.
Ransomware protection starts with knowing what kind of attack you're dealing with; crypto ransomware encrypts your data and files until a decryption key is provided (after you pay up), whereas locker ransomware freezes users out of their entire operating system. The white paper cites that more than 4,000 attacks have occurred since 2016 and that nearly half of small businesses have been breached in the past year, with 39 percent of those malware attacks classified as ransomware.
As for the cost of all this: $11.9 billion in ransomware damages are projected globally by the end of 2019.
Like What You're Reading?
This newsletter may contain advertising, deals, or affiliate links. Subscribing to a newsletter indicates your consent to our Terms of Use and Privacy Policy. You may unsubscribe from the newsletters at any time.
Thanks for signing up!
Your subscription has been confirmed. Keep an eye on your inbox!
Sign up for other newsletters
