Security News > 2021 > July > The True Impact of Ransomware Attacks

Keeper's research reveals that in addition to knocking systems offline, ransomware attacks degrade productivity, cause organizations to incur significant indirect costs, and mar their reputations.

One of the most damaging myths about ransomware attacks is, "If your company does regular system backups, you don't have to worry. Just restore from the backup." While system backups are crucial - power outages, natural disasters, or even mistakes by employees can destroy data just as quickly as a cyberattack - they're not a silver bullet.

What does ransomware recovery really look like? To find out, Keeper Security surveyed 2,000 employees across the U.S. whose organizations had been victimized by ransomware in the previous 12 months.

The majority of ransomware attacks involve compromised passwords, either acquired through phishing schemes or because employees used weak, easily guessed passwords.

The first step to preventing ransomware attacks is to ensure that employees are using strong, unique passwords for every account and enabling multi-factor authentication wherever it's supported.

Find out more about how Keeper can help your organization prevent ransomware attacks and other security breaches.

News URL

https://threatpost.com/true-impact-of-ransomware-attacks/168029/