{"id":54345,"date":"2016-09-08T17:36:12","date_gmt":"2016-09-08T17:36:12","guid":{"rendered":"https:\/\/www.pcmatic.com\/blog\/?p=54345"},"modified":"2016-09-08T17:36:12","modified_gmt":"2016-09-08T17:36:12","slug":"smb-arent-worried-ransomware","status":"publish","type":"post","link":"https:\/\/www.pcmatic.com\/blog\/smb-arent-worried-ransomware\/","title":{"rendered":"Over Half of SMB Owners Aren’t Worried About Ransomware – But They Should Be"},"content":{"rendered":"

 <\/p>\n

A recent study suggests almost two-thirds of small businesses aren’t concerned about ransomware…<\/h3>\n

What is ransomware?\u00a0 Ransomware <\/a>is a form of malware, malicious software, that hackers place on your computer.\u00a0 What does it do?\u00a0 It locks your files and\/or your computer until you pay whatever ransom demand is requested.\u00a0 Sounds serious, right?\u00a0 That’s because it is.\u00a0 Ransomware has taken the world by storm in 2016, yet a recent study <\/a>done by Datto suggests less than half of small business owners are concerned about it.<\/p>\n

There are two issues that cause this lack of concern.\u00a0 First, the “it won’t happen to me” mentality.\u00a0 Considering 91% of the IT pros surveyed <\/a>had businesses impacted by ransomware, this mentality isn’t exactly accurate.\u00a0 If you are not properly protecting your endpoints and training your staff of modern cyber security threats, it isn’t if it will happen, it’s when.<\/p>\n

The second issue that leads to the lack of concern is few businesses actually report when a ransomware attack does take place.\u00a0 According to the research<\/a> only 25% of businesses impacted with ransomware report it to the authorities.\u00a0 This leads to a lack of awareness within the SMB community.\u00a0 If threats aren’t being reported, how can they possibly be taken seriously?<\/p>\n

Ransomware – A Real Threat For SMBs<\/h3>\n

The threat ransomware <\/a>poses not only includes the data and financial loss, but the downtime as well.\u00a0 Sixty-three percent of those surveyed<\/a> reported experiencing business threatening downtime.\u00a0 The ransoms demanded after attacks ranged from $100 to $20,000 USD, with the most popular financial demands ranging from $500-2,000 USD.\u00a0 To an SMB, that could be a major loss.\u00a0 If you compound the financial loss with the downtime, you’re looking at a massive hit.<\/p>\n

Ransomware Prevention<\/h3>\n

There are two main layers that influence the success\u00a0of a\u00a0ransomware attack.\u00a0 First, your security software.\u00a0 According to the study, 93% of surveyors<\/a> were using a security software at the time of infection.\u00a0 The types of security software were not broken out between the two different protection methods, whitelist and blacklist; however it is safe to assume a majority, if not all, had been using security software that implements the traditional blacklist approach.\u00a0 This is mistake number one.\u00a0 Traditional blacklisting methods don’t work.\u00a0 It is impossible to keep them up to date with the latest malware threats, since malware is consistently morphing to prevent blacklist detection.\u00a0 The solution is to implement a security software that uses application whitelisting technology<\/a>.<\/p>\n

The second influencer is your employees.\u00a0 How well are they trained?\u00a0 How often are they trained?\u00a0 Do you conduct any mock tests to see how employees would react to a phishing scam?\u00a0 These are the questions you need to ask yourself.\u00a0 There isn’t a security software available to prevent 100% of human errors.\u00a0 Therefore, as an employer, it is your duty to properly train your staff of modern cyber security threats.<\/p>\n

Conclusion<\/h3>\n

Ransomware<\/a> is a threat to everyone.\u00a0 Large enterprise, SMBs and even home users.\u00a0 It is time to reevaluate your protection methods to ensure your information remains secure.\u00a0 After ransomware strikes, remediation is not plausible in most cases.\u00a0 Therefore, being proactive is imperative.\u00a0 Back up your data daily, ensure all of your endpoints, applications and operating systems are updated, train your employees, and implement a security software<\/a> that uses application whitelisting technology<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

  A recent study suggests almost two-thirds of small businesses aren’t concerned about ransomware…<\/p>\n","protected":false},"author":54,"featured_media":53861,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[4949,5000,4987,12],"tags":[4363,5043],"class_list":["post-54345","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ransomware","category-ransomwarewar","category-spiceworks","category-the-pit-blog","tag-ransomware","tag-smbs"],"yoast_head":"\nOver Half of SMB Owners Aren't Worried About Ransomware - 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