Why is ransomware a threat?
Ransomware is a threatening form of cyber crime because it capitalizes on organizational vulnerabilities that allow access to critical data. It can cause businesses to shut down completely and even go out of business. The majority of businesses need their data to conduct day to day operations.
Cyber criminals understand that organizations are more likely to pay ransomed data that contains sensitive or confidential information vital for business functioning.
Ransomware attacks also leave victims with minimal recovery options, as it can be more expensive to restore backups than to pay a ransom. Learn more about the ransomware recovery methods that are available, the costs of recovering from ransomware and the cost of preventing a ransomware attack.