Although hackers can use a growing list of cyber attacks to endanger businesses, one of the costliest and most common is ransomware. And, according to a new report from Beazley, the number of ransomware attacks has risen by 32% since August.
Ransomware relies on social engineering schemes or other common cyber attacks to install malware onto a network. Then, users are “locked out” until they pay a high ransom—usually in an anonymous cryptocurrency. These attacks are especially common because it’s easy for hackers to use automated programs to target multiple networks at once, and the high costs associated with business disruptions pushes many employers to quickly give in and pay the ransom.
Even a small attack can cost your business thousands of dollars. Keep these best practices in mind to secure your network and ensure your business stays up and running:
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