![]() ![]() ![]() Organizations of all sizes, from small to midsize and large enterprises, are susceptible to ransomware attacks if their infrastructure isn’t adequately protected. Bottom line: Ransomware protection, backup, and recoveryĪlthough large enterprises more easily make the news when they suffer an attack, they are not the only targeted category.Steps to attempt data recovery after a ransomware attack.Backup strategy for ransomware: 4 best practices.Acronis Cyber Protect: Best for remote and dispersed workforces.Norton 360: Best for individuals and home offices.Bitdefender GravityZone: Best for small businesses.5 best practices for ransomware protection.Organizations can minimize the risk of a successful ransomware attack and reduce the cost of recovering from a ransomware attack by implementing effective ransomware protection, backup, and recovery measures. That’s an increase of 1,225% compared to the cost in 2021. This reduces the barrier to entry for new criminals, making ransomware a low-risk, high-reward business model, as they can launch more sophisticated attacks with minimal effort.Ĭybersecurity Ventures also reported that ransomware is expected to cost its victims around $265 billion annually globally by 2031. RaaS enables bad actors to buy or rent ransomware kits in order to launch attacks. The emergence of ransomware-as-a-service (RaaS) platforms is one of the reasons for this significant increase. ![]() ![]() These attacks can cause data and financial loss as well as reputational damage to enterprises.Ĭybersecurity Ventures reported that ransomware cost the world a staggering $20 billion in 2021, up from $325 million in 2015. Ransomware attacks are a profitable business for cybercriminals and show no signs of diminishing. ![]()
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