How much money does the average ransomware attack cost?
Ransomware attacks are becoming increasingly common, and their cost can be significant. The average ransomware attack cost is $4,000. This number is based on the cost of the ransom itself, which is typically $200-$300, and the cost of lost productivity, which can be significant. For example, if a business is forced to shut down for a day due to a ransomware attack, the cost of lost productivity can be $1,000-$2,000. In addition, the cost of recovery can be significant, particularly if data is lost or corrupted. The cost of data recovery can range from $500-$5,000, depending on the extent of the damage. Finally, the cost of reputation damage can also be significant. A ransomware attack can damage a business’s reputation if customers are lost or if sensitive data is leaked. The cost of reputation damage can range from $500-$5,000.
What protections can be put in place to prevent against ransomware?
There is no single answer to this question as the best protection against ransomware will vary depending on the specific threats that are faced and the type of data that is being protected. However, some general tips that can help to protect against ransomware include:
1. Keeping backups of all important data in a separate location that is offline and not accessible to the network. This means that even if the network is compromised and data is encrypted, the backup can be used to restore the original data.
2. Having strong security policies in place that restrict access to data and systems to only those who need it. This can help to prevent unauthorised users from gaining access and infecting systems with ransomware.
3. Keeping all software up to date with the latest security patches. This includes not only the operating system, but also any applications that are running on the system.
4. Educating users on the dangers of ransomware and how to avoid inadvertently opening email attachments or clicking on links that could lead to an infection.
Visit malwarezero.org to learn more about ransomware. Disclaimer: We used this website as a reference for this blog post.