Ransomware is a type of malicious software, or malware, that encrypts data on a computer making it unusable. A malicious cyber criminal holds the data hostage until the ransom is paid. If the ransom is not paid, the victim’s data remains unavailable. Cyber criminals may also pressure victims to pay the ransom by threatening to destroy the victim’s data or to release it to the public. The ransom can vary between a few thousand dollars to several million dollars. However, in reality it is difficult to calculate the total impact/costs of a ransomware infection and more importantly, paying a ransom does not guarantee that all data will be restored and the stolen sensitive data will not be sold on the dark web.
The past two years has seen a rapid shift of work to remote and hybrid offices. The statistics show that hackers welcomed that shift and took advantage of the vulnerabilities and gaps in security by businesses. While many large enterprises suffered breaches, startups, small and medium businesses were an easier target for hackers because of their lack of resources and security expertise.
43% of all data breaches involve small and medium businesses, and 61% of all startups, small and medium businesses have reported at least one cyber attack in 2020.
83% of startups, small and medium businesses are not financially prepared to recover from a cyber attack.
Liberty Technology Solutions provides defense-in-depth and zero-trust cybersecurity solutions which includes Artificial Intelligence based Endpoint Security and Advanced Threat Protection.
We will secure data and halt attacks with 24/7/365 continuous monitoring, rapid detection, and effective remediation by a Security Operations Center (SOC) team:
You build fortresses that are near-impenetrable. But no network is entirely impenetrable. Often the best way to beat the attacker is to be one yourself!
A common practice in the cybersecurity industry, Liberty Cyber Solutions puts on our black hats and attempts to penetrate your systems, posing as an attacker to discover vulnerabilities and mitigate potential paths an attacker may take to access you and your staff’s valuable data.
You have a disaster drill plan for your physical building. Do you have one for your cyber infrastructure as well? One of Liberty Cyber Solutions specialties, and one of the most fun things we do, is game out different common scenarios an attacker may use against you. Hacking, malware, phishing, and viruses are all cards on the table. We develop effective response plans and drills by developing these scenarios, so you’re ready to stop damage before it begins.