Ransomware Threat To SMEs To Rise in 2017

24 Jan 2017

Ransomware Threat To SMEs To Rise in 2017

A large number of our reports last year featured regular stories about the threat of Ransomware. Research by Trend Micro, published just before Christmas, found that new ransomware families soared by 400% between January and September in 2016.

It was also claimed that 20% of organisations worldwide suffered ransomware-related incidents and 1-in-5 small businesses never received access to their files even after paying the ransom.

But, with so many regular reports it can be easy to get ‘warning fatigue’ and become immune to the threat.

Unfortunately, ransomware is expected to continue to rise in 2017 and the rapid growth of the ‘ransomware as a service’ model, whereby ransomware operators lease their infrastructure to other customers, has also enabled non-technical users to join the fray.

In an attempt to target-harden your business against this threat, one of the most important barriers to attack is improving staff user-awareness and education. Ransomware is spread like any other type of malware and good cyber hygiene is your best chance of minimising infection.

Reduce the Ransomware Threat

The following general considerations can also help mitigate your chances of becoming a victim:

Share this article


Your free global geopolitical
risk dashboard

PGI’s Risk Portal tool provides daily intelligence feeds, country threat assessments and analytical insights, enabling clients to track, understand and navigate geopolitical threats.

The Risk Portal gives users up-to-date information and analysis on global affairs.

The Risk Portal allows users to visualise information in a unique and instantly understandable way. Mapping filters enable the visualisation of incidents by threat category, time period, perpetrator and target type.

Risk Portal users can upgrade their accounts to include the Report Builder and Country Profile Generator features. The Report Builder allows users to select information, data and images from the Risk Portal and create bespoke reports and emails.

Subscribers to PGI’s Bespoke services receive tailored analysis on specific sectors and geographies of interest, delivered at a frequency they determine.

Visit the Risk Portal

Subscribe to our Cyber Bytes Newsletter

Keep yourself in the loop with PGI by signing up to our Monthly Cyber Bytes email. You will receive updates, tips and narrative around what has been happening in the world of information security.

Get in touch today

For more information on how we can help you or your business, please contact us via:

Related News

CISMP, CISSP and CISM - what's in an acronym?

20 Mar 2017

There is a wide range of different security courses available, and a mind-boggling array of certific...

Read news article

International Womens Day - Pioneering Women in Tec...

08 Mar 2017

Pioneering Women in Technology – Katherine JohnsonThe Oscar season has been and gone. The...

Read news article

Law Firms and why they need cyber security

06 Mar 2017

Suffering a data breach can be devastating for any company but for law firms the impacts can be part...

Read news article
Back to the News Hub

Follow us

+44 (0)207 887 2699
©2017 PGI - Protection Group International Ltd. All rights reserved.
PGI - Protection Group International Ltd is registered in England & Wales, reg. no. 07967865
Registered address: Cascades 1, 1190 Park Avenue, Aztec W, Almondsbury, Bristol BS32 4FP