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
- OneBlood confirms personal data stolen in July ransomware attack (source)
- Enzo Biochem settles lawsuit over 2023 ransomware attack for $7.5M (source)
- Medusa ransomware group claims attack on UK's Gateshead Council (source)
- Ransomware attack forces Brit high school to shut doors (source)
- Ransomware gangs pose as IT support in Microsoft Teams phishing attacks (source)
- Google takes action after coder reports 'most sophisticated attack I've ever seen' (source)
- Security pros more confident about fending off ransomware, despite being battered by attacks (source)
- Only 13% of organizations fully recover data after a ransomware attack (source)
- Ransomware attack at New York blood services provider – donors turned away during shortage crisis (source)
- Ransomware attack disrupts New York blood donation giant (source)