“Ransomware damages are predicted to cost the world $11.5 billion in 2019, and $20 billion in 2021” according to ”Cyber Security Ventures 2019 Official Annual Cybercrime Report”. They go on to say that they predict that “a company will fall victim every 14 seconds by 2019, and every 11 seconds by 2021”. What many don’t realize is that these threats aren’t focused solely on large enterprises that can pay big ransoms, but instead take broad aim and seek to collect smaller ransoms from lots of companies. This focus on small to medium sized companies by hackers is often due to the fact that they have fewer security resources than their larger counterparts.
Is your business prepared in the event of a cyber threat? Worse yet, would you know how to react if something catastrophic were to happen to your company’s data. It’s a scary thought, however it’s important to have a plan in place to protect your business’s information. Thankfully, there are specific steps and custom IT solutions that you can implement to ensure your company’s data is as safe as possible. To get started, explore the 3 helpful tips below to better guard your data this year.
