Ransomware and the Cost of Downtime

Ransomware and the Cost of Downtime

man working at computer

Ransomware and the Cost of Downtime

Short version:

By 2021, a business will fall victim to a ransomware attach every 11 seconds.

In the first half of 2020, ransomware attacks grew by 715% as cybercriminals began exploiting the Covid-19 pandemic, and Small and Medium Business keep taking the bait. Causes of ransomware attacks are reported as being:

54% – Phishing emails

27% – Poor user practices

26% – Lack of cybersecurity training

Downtime after an attack can cost nearly 50 times more than the ransom itself!

Reducing the risk of ransomware attack requires a multi-layered approach, contact ActiveIT today to discover how to protect your business.

Read the long (full) article in: “UKI Ransomware – Cost of Downtime.pdf