Am I at Risk for Ransomware? Ransomware is a legitimate risk for anyone with a computer and data that they want to keep attainable and secure. This includes organizations, businesses, governments, and even individuals. Basically, everyone is vulnerable to a ransomware attack.
Recent statistics show that there is a ransomware attack every 40 seconds, costing businesses upwards of 20 billion dollars per year to try to recover their data. Not only is the cost high to pay for these data recoveries, but there is also the lost production time to consider as well. With varying timeframes of a few days to several months, the average company being hit by ransomware is down somewhere between two and four weeks.
Another distressing statistic is that almost half (45%) of US companies suffered a data breach in the past year. One study stated that 60% of all companies that suffer a data breach from Ransomware are forced into bankruptcy within six months.