Topics pertaining to technology, especially as they pertain to business issues are discussed. Such topics include using tech to boost productivity, marketing with social media, cybersecurity, and numerous other topics.
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Thursday, February 23, 2017
Why is Everyone Talking About Data Backup? Blame Ransomware
The number of ransomware attacks on businesses and individuals has risen exponentially in recent years. Increasingly, small and midsized businesses are vulnerable to these malware attacks. Their data is essentially locked up, or held hostage, and cybercriminals demand a ransom in exchange for releasing computer files and business documents. The numbers are staggering. The Federal Bureau of Investigation reports that ransomware attacks cost victims about $209 million in the first three months of 2016 alone.
This pressure on businesses of all sizes means there is a bright spotlight on data protection. A backup and recovery strategy is cited again and again by industry analysts as the best way to say no to cybercriminals — and avoid paying ransom at all.