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

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."
Also See Share: Report: Many SMBs wouldn't survive a ransomware attack Security.
News URL
https://www.techrepublic.com/article/report-many-smbs-wouldnt-survive-ransomware-attack/
Related news
- Sensata Technologies hit by ransomware attack impacting operations (source)
- Ransomware attack cost IKEA operator in Eastern Europe $23 million (source)
- Kidney dialysis firm DaVita hit by weekend ransomware attack (source)
- Ahold Delhaize confirms data theft after INC ransomware claims attack (source)
- Interlock ransomware gang pushes fake IT tools in ClickFix attacks (source)
- Interlock ransomware claims DaVita attack, leaks stolen data (source)
- Ransomware attacks are getting smarter, harder to stop (source)
- Hitachi Vantara takes servers offline after Akira ransomware attack (source)
- Marks & Spencer breach linked to Scattered Spider ransomware attack (source)
- Ukrainian extradited to US for Nefilim ransomware attacks (source)