In 2016, more than half of British businesses were hit by ransomware attacks on their infrastructure – so we want to pose a couple of questions to see where you think you stand on security for your network.
Ransomware is unpredictable, hard if not impossible to prevent, and is currently showing no signs of slowing. Businesses are facing numerous challenges from this evolving, dangerous threat.
Companies in the UK were found to experience more ransomware attacks than the other countries surveyed – pointing to the fact that the UK has a bigger ransomware problem.
54% of UK companies were found to have been hit by a ransomware attack, compared to 47% in the United States.
What is the cost to your business if you don’t have the correct protection and recovery processes in place?
58% of companies in the UK are found to be paying the attackers’ ransoms to recover the data that has been stolen from them in a ransomware attack. There is no guarantee you’ll get the data back and ultimately you’ve lost money and the data.
The consequences of one of the attacks on your network and the not paying the ransom requested is a 28% loss of files and 32% of UK companies lost files after refusing to pay.
What is your time worth to the recovery of files?
More than 60% of companies take around nine hours to recover from the impact of an attack by ransomware attackers.
So, at this stage you’ve; been attacked, lost a day of business, lost over a quarter of your data and potentially – cash to recover.
The business data you have lost could include client details or data and depending on the industry you work in, could affect everything you have.
How confident are you in dealing with ransomware?
One of the more worrying stats, made all the more worrying from the preceding figures in this article is that just four per cent of organisations are ‘very confident’ in their ability to stop ransomware.
78% said they were somewhat or fairly confident, despite the fact that 80% of companies have been the victim of a cyber-attack in the last 12 months.
One in five were either not confident at all or only minimally confident is their ability to deal with ransomware.
What would you do about it?
Systems IT install software on to the server with the data that, every 20 minutes, takes a snapshot of your server and the data.
This creates an environment with cross-platform system protection whether it be a physical or virtual solution as well as fast back-ups. Making sure the swift process that doesn’t interrupt systems or employees.
As soon as you recognise you are affected – the key is to contact your IT company but you must be in the 4% confident in their solution, right?
Having fast recovery through easy and dependable solution is imperative to the operation system, applications, data volumes and everything else that is included in your company.
With the solution in place, Systems IT can go back in time to a point when the system was not encrypted.
Yes, you might lose a little bit of work for the day and a little bit of time has been wasted, however, what would you rather?
Pay out thousands for an encryption key and maybe get your data back, lose a day or more of work and potentially more than a third of your data.
Or, have confidence in a pro-active IT company that put your security and company safety as a priority.