There are some sobering statistics on the influence of an assault. US small companies paid over $16,000 in ransoms final 12 months, in accordance with the Hiscox Cyber Readiness 2023 report. “Ransomware is costing small companies in a giant method,” says Christopher Hojnowski, VP and product head of know-how and cyber at Hiscox insurers, who works with over 600,000 small companies throughout the US.
Solely half of surveyed companies that paid a ransom ended up getting their information again, whereas half needed to rebuild programs. As well as, a staggering 27% have been attacked once more, and one other 27% have been requested for extra money, the survey discovered. “It’s actually not advisable to pay the ransom,” says Hojnowski.
3. Viewing cybersecurity as only a know-how downside
Cybersecurity can’t be addressed with know-how alone and in some ways it’s a human downside, in accordance with Sage. “Know-how permits assaults, know-how facilitates stopping assaults, know-how helps with cleansing up after an assault, however that know-how requires a educated human to be efficient, at the least for now,” they are saying.
