Tech Update: Ransomware – would you pay?

Tech Update: Ransomware – would you pay?

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Would you pay cybercriminals if they stole your data with a ransomware attack? The majority of business leaders who’ve already been attacked say they would – and we explore why in this week’s Tech Update video.

Ransomware is a terrifying crime – and most businesses aren’t aware of it.

It’s where cyber criminals break into your network, encrypt your data, and won’t give it back until you pay a ransom fee.

In some attacks they secretly spend weeks in your network changing settings. So it’s nearly impossible to kick them out or recover data once the attack has started.

Official advice says never pay a ransom fee. As there’s no guarantee you’ll get your data back, and you may be targeted again in the future.

However, a new survey’s been done of business leaders who’ve already been attacked.

97 per cent of them say if they were attacked again, they’d pay the ransom to minimise the damage. A third would pay it instantly.

What does that tell you about how badly it affects businesses?

The only way to protect – is to prepare.

This is what we do. We help businesses increase their cyber security to reduce their chances of being affected. Let’s talk.

Smarter Technologies Ltd, Unit 1 Broadfield Industrial Estate, Seymour Street, Heywood, OL10 3AJ | Company No.: 07172781 | VAT No.: 794 7491 68

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