What’s ransomware REALLY costing your business?

Dec 13, 2016 | IT Services, Security-GRC | 0 comments

Osterman Research conducted a research study that yielded some stats that show exactly how quickly ransomware is spreading. Here’s what we learned:

  • More businesses than ever are having to deal with ransomware – 40% of those surveyed.
  • Costs of $10,000 and above are becoming common, now comprising 1/5 of all attacks.
  • By being reactive you’re losing hours worked on remediation as opposed to daily business tasks

See some of the highlights from our partner Malwarebytes:

So what can you do? The most common approach is to be reactive, but ASMGi believes in taking a proactive approach. Hunt it. Kill it. Remediate it.

Proactively defend by providing a protection strategy that includes profiling the environment to assess defenses and vulnerabilities so you know what’s coming.

But if you do get an attack, remediation is an important piece to the puzzle. Removing the ransomware infection and all related artifacts so you’re left with a clean slate is essential.

If you’re interested in more proactive ways to help prevent the spread of malware or ransomware throughout an enterprise, give us a call and we can help you explore options and weigh your costs and risk level.

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ASMGi discovered long ago that the importance of data transcends trends, hype or new approaches. That holds true in security, software development, IT Services, Sales and Marketing Solutions and certainly in the Cloud. Our blog may touch each of our practice areas, but in the end, it's always about the data.