As affected as our lives have been by the COVID pandemic, it may not come to mind that it is also the cause of the surge in ransomware attacks, but the two are very much related. Less than two years ago, most employees were still working in their corporate offices, which means they were also able to take advantage of corporate security measures and on-site IT teams.
However, when COVID sent everyone home, cyber criminals began reaping the benefits of the far inferior security of personal devices and home or public networks. Add this to the fact that most SMBs are underprepared for cyber attacks, and you have the statistic stating that 75% of businesses will be victims of ransomware attacks within the next 5 years.
Although most SMBs do have security technologies in place, what they don’t have is on-site security analysts, security plans and policies, or enough of their budgets allocated to cyber security.
As the sophistication of ransomware attacks only increases, and human cyber criminals are behind every attack, it’s imperative that businesses also have human expertise on their side to combat every threat.
Infographic by: pondurance