Coronavirus VS. Ransomware

What’s the Bigger Threat to Your Business?

ransomwareWith the constant barrage of media coverage, pertaining to the Coronavirus, we’ve all considered the potential threat that a virus, may have to our business. According to the CDC, an estimated 90,000 people are infected, and with approximately 3,000 deaths, it’s obvious that the virus is spreading quickly, and we should consider the impact that this will have on our lives, and our business.

Statistically speaking, in 2019, we witnessed a virus whose impact was far worse to your business, and much more difficult to measure. With an estimated 1,100 detected variants, and no known cure, ransomware has the potential to be a far greater impact on your business. The impact of ransomware in 2019 to businesses worldwide, was estimated at $7.5 billion dollars. The reality is, some businesses may not survive a ransomware infection.

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AN OUNCE OF PREVENTION, IS WORTH A POUND OF CURE

Much like the flu, you can vaccinate your business, against ransomware infections. In 2019 alone, over 30% of ransomware infections, were caused due to weak passwords. Implementing strong password policies, can help minimize your risk.

By far, the best prevention against ransomware infection, is a reliable, disaster recovery / backup solution. With new ransomware variants being detected on a regular basis, having good password policies, and a strong anti-virus system, simply aren’t enough. In the past few months, over 950 government agencies have been infected, including state / municipal government agencies, healthcare providers, universities, hospitals, and emergency dispatch, proving that no one is immune.

HAS YOUR BUSINESS BEEN VACCINATED FOR RANSOMWARE?
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