Ransomware Targets SMEs. Here’s What You Can Do About it.
Summary
Consider just how integral business data is in your organization – from your contact list in Microsoft Outlook to your customer records. Minimizing risk should be a top priority for small to midsized enterprises, but many don’t have a backup data plan to ensure they can recover from a disaster. According to the Beazley Group, a specialist insurer, the highest ransom paid in 2018 was over USD $930,000. Could you forecast demand for the next quarter to decide on production without access to your historical data? Training your employees to be vigilant for fraudulent emails and avoid opening attachments can help, but eventually, someone will make a mistake.
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HealthTech
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ERP & Process Management
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$10M to $25M