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Ransomware has quickly become the most well-known type of malware. Recent ransomware attacks have impacted businesses of all types – from a Hospital’s ability to provide crucial services, to crippled Public Services in cities, causing significant damage to various organizations and people’s personal information.

The number of ransomware attacks is on the rise in recent years. Some organizations reported an 800% increase in ransomware occurrences year over year. According to some estimates, annual cybersecurity costs now exceed $1 trillion – and that’s only the cost of the effects themselves and not associated downtime or business continuity expenses.

The damage caused by these malicious software attacks can be devastating – it may cost organizations millions of dollars to recover their data, or even more than $1 million if customer data is stolen or destroyed by malware or ransomware attacks. But there are also many ways your business could be harmed if you’re not careful; most importantly perhaps being legal penalties from negligence because you couldn’t prevent cyberattacks on your business’ systems and network.

Download the Network Security e-Brochure for details about how we can help your organization mitigate its security threats and secure itself from becoming another victim of lucrative Ransomware.