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    Home»Technology»Ransomware has infected one in four small and medium-sized companies.
    Technology

    Ransomware has infected one in four small and medium-sized companies.

    Editorial TeamBy Editorial TeamJanuary 11, 20233 Mins Read
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    Many small and medium-sized enterprises have been affected by the recession. ransomware(Opens in a new window)New statistics from cybersecurity experts Avast reveal that there has been an attack in the last 12 months.

    A survey of 1,000 small- and medium-sized companies was conducted by the company and 26% were found to have fallen prey to cybercrime. Nearly half (47%) of these businesses decide to pay ransom to access their data and retrieve their endpoints.

    Despite the fact that the demands were met, the consequences are still severe. Four in ten (41%) of the victims lost valuable data, while a third (34%) lost access to their devices.

    Backup sensitive data

    The report’s silver lining is that cybersecurity awareness is relatively high. Nearly half (48%) surveyed companies see cyberattacks among the top threats. Physical security is next (35%), and supply chain problems (33%). Almost 70% of companies believe they have enough information to protect against such attacks. 76% stated that they have taken “measures” to do so. However, they would like more support from the government.

    Data backup seems to be a high priority for everyone, with 63% of companies surveyed doing so at least once per week.

    Avast also asked respondents questions about cybersecurity and came up with interesting results.

    It turns out that cyberwarfare has been a useful catalyst for the invasion. 68% of SMEs are now more concerned about cyberattacks, than they were before. They are so worried about cybersecurity that they have increased their cyberinsurance spending despite rising costs.

    “The results of this survey highlight the problem, particularly with regards to ransomware that large portions of small business people are ill-equipped to deal with. They end up paying ransom without guarantee that they will receive their data back. This is the saddest situation, but the news The good news is that unlike large organizations, small companies can be agile and agile and take advantage of the lack of bureaucracy to plan ahead before a crisis hits,” comments Lindsey Pyle, Vice President of Strategy at Avast Business.

    “SMBs need to take advantage of these strengths to prepare and put a plan in place, which should at a minimum include implementing online and offline backups, installing antivirus software, setting up network monitoring and ensuring that an automated patching system is in place.”

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