Security News > 2021 > August > SMBs increasingly vulnerable to ransomware, despite the perception they are too small to target

SMBs increasingly vulnerable to ransomware, despite the perception they are too small to target
2021-08-10 04:30

The report warns that small and medium-sized businesses are at particular risk based on the attack trends seen during the first six months of the year.

"While the increase in attacks affects organizations of all sizes, something that's under-reported in the coverage of current cyberthreat trends is the impact on the small business community," explained Candid Wüest, Acronis VP of Cyber Protection Research.

"Unlike larger corporations, small and medium-sized companies don't have the money, resources, or staffing expertise needed to counter today's threats. That's why they turn to IT service providers - but if those service providers are compromised, those SMBs are at the mercy of the attackers."

As seen in the SolarWinds breach last year and the Kaseya VSA attack earlier in 2021, one successful attack means they can breach hundreds or thousands of SMBs downstream.

During the same period, Acronis blocked more than 393,000 phishing and malicious URLs for clients, preventing attackers from accessing valuable data and injecting malware into the client's system.

In 2020, more than 1,300 victims of ransomware had their data publicly leaked following an attack, as cybercriminals look to maximize the financial gain from successful incidents.


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