Ransom Payments or Downtime – Which is Worse for SMBs?

Which Creates More Issues for SMBs? Asking questions like this is simply asking, which is the lesser of these two evils?  Neither is wanted or preferred.  And both cause substantial damage.  So forgive my bluntness, but which sucks less? Reports have suggested downtime is more damaging, financially than paying the ransom demand.  This is contingent upon several […]

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Cyber Security Risks of SMBs – The Not So Pretty Truth

Small and Medium Businesses (SMBs) Facing Major Risks Cyber criminals do not discriminate.  Businesses of all shapes and sizes, even home users, are not immune to today’s cyber threats.  Prior to ransomware, remediation was possible.  Users would get infected with malware and the user would run their antivirus to remove it and resolve the negative […]

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$301M Paid in Ransoms by SMBs in One Year

SMBs Continue to be Hacker’s Target A recent study, State of the Channel Ransomware Report, collected data on over 100,000 small and medium-sized businesses (SMBs) regarding the cyber threat, ransomware.  The information collected was based on data from the second quarter of 2016 through the second quarter of 2017.  It was found, fewer SMBs were […]

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62% of SMBs Hit With Ransomware Were Forced to Cease Operations

SMBs Struggle to Defend Against Cyber Threats In a recent report featured by Tech Republic, 35% of SMBs were hit with ransomware in the last year.  Out of those impacted, 22% had to completely cease business operations to attempt to remediate the issue.  But for how long?  Over half of the attacks that resulted in […]

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45% of SMBs Don’t Retrieve Files After Paying Ransom Demands

SMBs Short Changed After Meeting Cyber Criminals Demands One of the many risks ransomware victims face is, the likelihood they pay the ransom but don’t get the decryption keys to actually unlock their files.  In a recent study done by SpiceWorks, a shocking 45% of small and medium sized businesses (SMBs) are not retrieving their […]

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