Sendmarc’s Post

How much would one day of downtime cost you? For most, it’s $225,000 USD 💸 Ransomware doesn’t just disrupt operations; it creates financial strain that many businesses, especially SMBs, struggle to recover from. Every minute counts when it comes to containment and resolution ⏱️ Here's what we recommend doing if you want to minimize costs and risks: ✔️ Invest in 24/7 incident monitoring and rapid response capabilities. ✔️ Ensure robust endpoint security to stop ransomware in its tracks. ✔️ Proactively prepare with a tested incident response plan. 🔗 Learn more about building ransomware resilience in our white paper with CrowdStrike: https://bit.ly/3VCY2Zg #Cybersecurity #Ransomware #IncidentResponse #SMBProtection

The threat of #ransomware continues to loom large over organisations, below are some interesting statistics from a variety of sources: - There's an increase in organisations paying ransoms, 62% from 48%. - 72% of those who paid ransoms did so multiple times, 33% paid x4 or more - The Dark Angels Ransomware Group raked in a cool $75 million. - The average ransom demand soared past $1.26 million. - 1/3rd of organisations that payed the ransom were unable to recover data. These numbers underscore the persistent and escalating threat posed by ransomware, underscoring the critical need for robust cybersecurity measures in today's digital landscape. #Ransomware #Cybersecurity #RansomwareProtection #CybersecurityAwareness

⚠️ Alarming Trend Alert: Ransomware is not just an IT issue; it's a looming financial disaster for businesses worldwide. 💸 The latest stats reveal a terrifying truth: 24% of breaches in 2023 involved ransomware, with 66% of organizations globally affected. The cost of silence? A staggering $1.85 MILLION on average for recovery and an unthinkable 12.1 days of paralysis. Don't be a statistic. Take action NOW with CommandLink's robust security solutions. Learn more at: https://lnkd.in/gkvWv9u3 #Ransomware #CyberSecurity #CommandLinkDemo

💰 Did you know the average cost of a ransomware attack is over $1 million? That includes paying the ransom, recovery costs, loss of business, and regulatory fines. For many businesses, seeing a screen like this could mean the end of operations. But what if you didn’t have to pay? What if you were prepared? What if you knew your systems were secure? At Defensible Technology, we help businesses protect their data and avoid costly breaches through proactive security measures and robust incident response plans. Our experience in both preventing and responding to high-stakes security incidents gives our clients peace of mind, knowing their operations are in safe hands. #Cybersecurity #Ransomware #InfoSec #Security

Do you feel absolutely confident that your backup systems can save you from a data breach? One single breach could cripple your business. Without reliable, secure, immutable backups, you are exposed to threats like ransomware or system failures. The backups themselves are often targeted, and an adversary can be in your system for weeks before striking. Do you have immutable storage that is totally protected from deletions and encryption? With a strong, tested backup solution, you can restore your data and get back to business quickly. Don’t wait until it’s too late, make sure you are protected! #Cybersecurity #Cyberattack #Technology #IT #MSP

📊 Cyber Resilience Tip #3: Regularly Back Up Your Data Data loss can cripple a small business. Implement automated, secure backups to an offsite or cloud-based solution to ensure you can recover quickly in case of a cyberattack or ransomware. 🛠️ Best practice: Test your backup and recovery process quarterly to ensure it’s functioning properly. #DataBackup #CyberResilience #BusinessContinuity #SMB #CyberRisk #Ransomware #CloudSecurity #DataProtection #simplycybercommunitychallenge

The fifth annual Sophos State of Ransomware Report is here, revealing the real-world #ransomware experiences of 5,000 organizations globally.    🔍 This year's report provides a comprehensive analysis of #ransom demands and payments, highlighting the increasing role of law enforcement in ransomware remediation. Notably, while ransomware attack rates have dropped slightly, recovery costs have surged by 50%.    Dive deeper into these critical findings and understand the evolving landscape of ransomware #threats. Learn how organizations are balancing ransom payments with other recovery methods and the surprising trends in data recovery.   Read the full blog on The State of Ransomware 2024 by Sally Adam to know more: https://lnkd.in/dSSmVvq3   #ISMGBlogs #ISMGNews #cybersecurity

Ransomware attacks have skyrocketed, with groups like #RansomHub and #PLAY leading the charge. The United States experienced 50 ransomware incidents in just one month, with industries such as Healthcare, Consumer Services, and Real Estate remaining top targets. These ransomware groups exploit unpatched systems, taking advantage of vulnerabilities to disrupt operations, steal data, and demand massive ransoms. Predictive patch management leverages real-time data to anticipate patching needs, automatically prioritizing critical vulnerabilities based on risk, and deploying patches seamlessly across diverse environments. Here’s how you can protect your infrastructure from becoming the next ransomware victim: https://lnkd.in/datMVVFU. #patchmanagement #usa #ransomware

It’s been an interesting week in #Ransomware. The @Zscaler research showed a new high water mark in terms of Ransomware payments -- $75M for one payment and yet the @Semperis research showed that the payments don’t work 35% of the time. I’ve been talking to a number of CISO’s recently. Ransomware and Identity Threats are obviously at the top of the stack. The best of the CISOs are building a program that assumes that any given security control is going to fail – security training isn’t going to work, somebody will forget to configure MFA on some server, etc. Obviously, we all want these controls to work but Ransomware Resilience is the only way we’re ever going to make progress. What do you think? What controls are you deploying or considering? What techniques are you taking out because they don’t meet your needs?

Ransomware attacks have evolved significantly over time, becoming more sophisticated and damaging. Knowledge about how ransomware works and evolves helps organizations and individuals prepare and implement effective cybersecurity measures.