Waterdog Computer Works SMB Guide to Ransomware

Ransomware has become a serious epidemic affecting businesses of all sizes, and protecting your company is more essential than ever before as the number of ransomware attacks continues to rise. A report from Cybersecurity Ventures projects that on average there will be a ransomware attack on a business every 14 seconds by the end of 2019 — up from a rate of one attack every 40 seconds in     20171

As ransomware spreads, it continues to evolve and get more sophisticated — and more destructive. In fact, the Cybersecurity Ventures report predicts that damages connected to ransomware attacks will cost $11.5 billion annually by 2019, more than double the $5 billion in ransomware damages estimated for   2017.1

What does all this mean for small to medium-sized businesses? In order to protect your organization from cyber threats, you need to keep ransomware and cybersecurity top of mind and educate your employees about this destructive type of malware and the damage it can do to your business.

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