Security News > 2022 > April > Report: Many SMBs wouldn’t survive a ransomware attack

Report: Many SMBs wouldn’t survive a ransomware attack
2022-04-18 17:35

Report: Many SMBs wouldn't survive a ransomware attack.

A new report from cybersecurity provider CyberCatch reveals why SMBs may not be able to withstand an attack and offers advice on how they can better protect themselves.

A full 75% of the respondents said their company would survive only three to seven days following a successful ransomware attack.

Further, 83% of law firms, 84% of insurance brokers, 72% of non-profit organizations and 70% of retail companies said they would survive only three to seven days after a ransomware attack.

"Foreign adversaries and criminal gangs will increasingly attack SMBs with ransomware to not only extort ransom payments but also use as the entry point upstream to the eventual target, a large company, critical infrastructure, government agency, healthcare organization or other high value target."

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News URL

https://www.techrepublic.com/article/report-many-smbs-wouldnt-survive-ransomware-attack/