Does Your IT Security Company Protect You From Ransomware?

Does Your IT Security Company Protect You From Ransomware?

Ransomware isn’t going away – in fact, year after year, it’s only becoming more and more common. Do you have IT security in place to protect your business from ransomware?

Ransomware is an undeniably major threat to businesses around the world today. Maybe you can accept that ransomware is real, but don’t believe it’s all that costly. You’d be wrong.

According to Beasley Breach Response’s 2019 noncompliance report…

• The average ransomware payout is $116,000
• The highest ransomware demanded by cybercriminals was $8.5 million
• The highest ransom paid by a target organization. was $935,000

How could it possibly cost so much? Just think for a second what it would be like if you couldn’t access your data. Technology is such a crucial part of business today, that without it, you can’t do much of anything.

Do you know how dangerous the threat of ransomware really is? Click PLAY below to watch our latest video about ransomware:

How Common Is Ransomware?

It’s one of the most prevalent threats to US organizations…

• 500 schools have been hit by ransomware in 2019. In fact, 100 of those incidents took place just in the past month alone. A school in Flagstaff had to cancel classes early in the semester because they had to take their systems offline after being infected by ransomware.
• 22 different organizations in Texas, many of which are local government agencies, were infected with ransomware this year.
• Lake City had to pay out nearly $500,000 to hackers so they could get their data back. Similarly, the Riviera Beach City Council had to pay $600,000 for access to their data after a similar attack.

How Can You Protect Yourself From Ransomware?

The best way to keep your data safe is to simply have it backed up, to a separate location, on a regular basis. By storing a complete and up to date copy of your data that’s separate from your local systems, it doesn’t matter if your onsite data gets encrypted by ransomware. You can simply wipe it all and recover your data from the backup.

Ask for help – Nexus IT Consultants will help implement robust security measures, deploying security devices like firewalls, patching, antiransomware, antivirus software updates, intrusion and gateway protection, to name a few.

Furthermore, we will support your cybersecurity processes and practices, by implementing 2-factor authentication, employee security training, and password reset policies for your company.