While the threat of digital extortion has been on companies’ radar for many years, 2017 is already looking like the most dangerous year to date. In fact, the Financial Times reports that malicious attacks have surpassed human error as the leading cause of data loss.
This increase in malicious data loss is associated with the evolution of ransomware – a category of malware which takes sensitive information hostage until a ransom fee is paid.
Attacks against big name companies and government agencies capture the headlines. But what isn’t publicized are the thousands of ransomware variants extorting smaller organizations on a daily basis.
Most small to medium sized businesses don't have the appropriate technology in place to prevent or protect against a ransomware attack. And with the SMB’s willingness to pay, smaller organizations are becoming an attractive target for hackers.
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