The threat to small and mid sized businesses According to a 2017 report from the National Cyber Security Alliance, 60% of small and mid sized companies are out of business within 6 months of a cyber security attack. This is startling. Cyber security isn’t just about protecting data, it’s also about keeping your organization afloat. […]
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Up to 55% of small businesses will pay ransomware demands According to a study done by Small Business Trends in 2019, about 55% of small businesses (SMBs) say they’ll pay ransomware demands if hit. Of those surveyed, 39% even say they’ll pay any cost. Beazley Breach Response Services published a study in March of 2019.
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What actually is ransomware? We’ve all heard about ransomware and the attacks on governments, schools, and businesses. It seems like ransomware is everywhere. But what is it exactly? What does it do? What does it looks like? Let’s explore this ever growing threat so we can better understand it. A definition I hear a lot
Ransomware a growing Global epidemic 2019 saw a dramatic increase in global ransomware attacks. Attackers have found their way into governments, schools, and businesses across the world. As their methods continue to become more sophisticated and ironclad, their ransom demands continue to increase. Let’s take a look at the 5 most expensive ransomware attacks of
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A look at how cyber criminals break in There was a report released some time in late 2018 that ransomware attacks were on the decline. That was 2018. According to a study done by McAfee late into 2019, ransomware more than doubled this year. The jump is alarming. But how are these criminals able to
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More Ransomware Attacks Spread as American’s Prep for the New Year Over the last two weeks, as Americans were prepping for the holidays, cyber criminals were preparing for vicious cyber attacks. On December 16, 2019, the U.S. Coast Guard issued a Marine Safety Information Bulletin confirming a cyber attack had taken down various parts of
Ransomware Continues to Spread Nationwide As 2019 Comes to a Close Read More »
The Heritage Company forced to close days before Christmas In October, The Heritage Company telemarketing company in Sherwood, Arkansas was hit with a ransomware attack that devastated their network. In a letter to employees, CEO Sandra Franecke explains how systems were down across the company. Even after paying the ransom, Franecke explains that the IT
Ransomware Costs 300 Jobs Read More »
Predictions for the future As this decade comes to a close, people are both reflecting and looking forward. Looking back, we’ve seen ransomware grow exponentially and become much more than just a nuisance. But where is it going? Opinions by security experts are as diverse as the threats themselves. Most agree that we will continue
Small businesses suffer most Recently I’ve been seeing a lot of articles popping up about how lucrative the ransomware industry is becoming. It seems like every day there’s a news story about another organization locked down by a ransomware attack. It happens to schools, government agencies, and especially small business. Small business in America is
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Over 100 nursing homes left without access to medical files An attack on a Wisconsin based IT company left over 100 nursing homes across the US without access to patients’ medical files. The owner of the IT company Virtual Care Provider Inc (VCPI) fears for the lives of the patients currently affected. The ransom attack
Ransomware Attack Hits Nursing Homes Read More »