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:

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