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Ransomware: The Fastest Growing Crime on the Planet

Cybersecurity, Malware, Managed IT, Ransomware, Solutions for Business

Ransomware in small business

Ransomware is a form of malware (malicious computer software) that holds your business for ransom. Cybercriminals take control of your files, photos, and any personal data stored on your computer. They encrypt it and deny you access until you’ve paid the ransom they choose.

While anyone can become a victim of ransomware, it’s usually small to medium-sized businesses (SMBs) that are targeted. SMBs often focus their budgets elsewhere, failing to provide computer security and backup options to their network systems.

More than half of malware infections occur when someone clicks on a bad link in an email. One in every 3,700 emails is a phishing scam and 55% of email is spam.  One small business is successfully hacked every 19 seconds, with an average of $30,000 ransom for the return of their data.

How can you prevent your business from becoming a victim?

1. Bring in the experts now.

Partnering with a credible IT firm to ensure you have the latest security, equipment, and education to keep your business safe.

2. Educate your employees.

Invest in regular training. Your IT partner should be able to offer online or in-person training for each employee in your business. Learn to recognize unusual emails, avoid “click-bait” scams, and report issues to repair weaknesses in security.

3. Back up your data.

The single most effective way to protect you and your business from data loss is to consistently back up and check your data. If a cyberattack occurs, you’ll have another copy safely in the cloud. Just remember, even if you still have a copy of your data, the hacker now does too, and you are responsible for protecting your client data.

If you don’t already have these precautions in place, call 46Solutions today to see how we can help you stay protected from ransomware and other forms of malware that could do serious damage to your business.

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