To say ransomware is running rampant would be an understatement. In 2015, ransomware cost $325 million in damages, proving to be quite the cash cow for cyber criminals.
In addition to monetary repercussions, these attacks can shut down business as we’ve seen recently with MedStar Health, a healthcare provider in the Maryland and Washington, D.C. area.
However, the healthcare industry certainly is not alone. Various verticals are under attack, and these attacks aren’t limited to specific regions, although 50 percent occurred in North America this past year.
As always, taking the proper precautions is the best way to protect yourself from any form of ransomware. In the event you’re attacked, the best way to avoid paying a ransom is to have a proper business continuity and disaster recovery (BCDR) solution featuring up-to-date backups. This will allow you to restore your data to a point in time before the infection, and retain your precious data. To learn more about all things ransomware, including the common types, how it is spread and how to prevent it, download our eBook: The Business Guide To Ransomware.