Intense Ransomware Attack and How to Protect Your Data
Summary
Marketing, communications, finance, legal, and human resources teams will be busy dealing with the consequences, which include answering press queries, negotiating ransom payments, responding to employee inquiries, and much more. • Revenue lost due to business interruption — The average downtime following a ransomware attack has risen over time and is currently 23 days. • Fines — In 2022, the UK Information Commissioner’s Office (ICO) imposed the General Data Protection Regulation’s (GDPR) first monetary ransomware penalty, totalling £98,000 (about US$129,000). One simple click and you may unknowingly compromise your company’s whole IT network system affecting the private database, financial details, and other important information. Phishing is the most popular way of ransomware attacks Various organisations are now employing IoT devices that are highly interconnected to boost revenue.