Why SMBs are at high risk for ransomware attacks, and how they can protect themselves
Tech Republic - 05/08/2017
Ransomware dominated the cyberthreat landscape in 2016, costing businesses more than $1 billion. Small and medium-sized businesses (SMBs) are extremely vulnerable to these attacks—and they often pay the price, since they don’t have the means, or don’t know how, to combat these threats.
“Small and medium-size business typically have fewer resources (e.g., money as well as knowledgeable people) to secure their IT infrastructure as well as maintain a good backup strategy,” said Engin Kirda, professor of computer science at Northeastern University. “Hence, whenever a ransomware attack happens, they often end up having to pay the ransom to rescue their data.”