You may think that with all the attention afforded ransomware, and the sheer amount of education around it would have silenced the scourge by now. But the truth is, it hasn’t. According to Emsisoft, ransomware attacks in 2019 impacted at least 966 government agencies, educational establishments, and healthcare providers at a potential cost of over $7.5 billion.
And it’s not just big businesses that are being targeted. We’ve all read about small and mid-size companies being affected by criminals holding data hostage for as little as $5,000 to $75,000.
But as much as you block, intercept or disallow software downloads, your security is only as strong as the weakest link. It only takes one employee to be duped into thinking an email is actually from the CEO for ransomware to infiltrate your network. Once in, it is as hard to get rid of as it is separating mince from spaghetti in Spaghetti Bolognese.
Some businesses opt to pay the cybercriminals their Bitcoin, or whatever choice of currency they are demanding, simply because it is cheaper than the costs of data recovery. Which itself can run into millions and several months' worth of work, and even then, you aren't assured that the data will ever be the same. But the damage is done.
So how can you go from having the proverbial cybersecurity gun held to your head, to a point where you don't pay the ransom?
You just call Panzura.
Our customers don't pay ransoms because no ransomware attack can affect their data. Our support team simply helps you revert to an unaffected snapshot and you're back in business.
Find out more in our ransomware report.