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As technology has evolved, so have the speed and agility of subsequent cyberattacks — affecting millions of businesses at a rate of 1 cyberattack every 39 seconds, according to Security Magazine. The problem? While businesses may have invested in cybersecurity, the approach isn’t holistic enough to cover the range of attacks that can happen on a daily basis. A simple antivirus isn’t enough anymore. Rather, attackers are turning to savvier options, such as cyberattacks, black-hat AI and DDoS options to directly harm businesspeople and those with high-quality assets.
Today, we’re discussing ransomware, the risks and different measures that brands can take to protect their identity and security.
What is a ransomware attack?
Ransomware attacks are generally designed to disable the organization’s systems, inhibiting productivity and causing overall chaos on a professional network. We’re seeing surges in these types of attacks with 76% of businesses being infected by a ransomware attack in 2022 alone. This comes as no surprise, as many organizations are operating their businesses through cloud networks and using hybrid systems to store their most valuable data.
Understanding the enemy is the first step to beating the odds and protecting your business. Now that we’ve covered what this type of attack can do, we need to explore the risks to begin to create a holistic and sustainable solution.
What risks can ransomware exposure bring to your organization?
There are plenty of risks that a ransomware attack can bring to your organization. We’ve summarized them below into three main categories:
How to prevent ransomware attacks
If you’re looking to prevent ransomware attacks in your organization, a holistic cybersecurity strategy is best. Additionally, you may consider investing in ongoing education for your team and professional review to make sure that your strategy is as airtight as possible. Additional steps you can take include:
Find cyber support at your fingertips
Looking for professional cyber support? Connect with the team at CHIPS today for a personalized cybersecurity strategy and ongoing expertise to keep your system as safe as possible.