Protect Your Business from Ransomware – An Urgent Guide
by Jason Allen
With three major companies in our industry hit with costly and disruptive ransomware attacks over the last few weeks, we’ve put together a primer and ‘how-to’ in order to protect Australian businesses from this widespread threat. In the current climate, a ransomware attack will be enough to send most businesses in our industry into bankruptcy.
A survey commissioned by cybersecurity firm Sophos showed that 51% of all types of organisations were hit by ransomware attacks in the year to February 2020. 47% of those had 100 -1000 employees, so it’s not just about big corporate targets. Worryingly for our industry, ‘media, leisure, and entertainment’ report the highest level of attacks at 60%. With just 17% of businesses in Australia preventing their data being encrypted in an attack, we are woefully behind in our implementation of anti-ransomware measures. Even worse, Australia has the world’s third highest remediation cost to clean up the aftermath, with the bill coming in at an eye-watering average of $1.5 million AUD. PROTECT YOURSELF - READ MORE>
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