{"id":51754,"date":"2022-07-04T09:22:22","date_gmt":"2022-07-04T01:22:22","guid":{"rendered":"https:\/\/version-2.com\/?p=51754"},"modified":"2022-07-08T17:50:52","modified_gmt":"2022-07-08T09:50:52","slug":"when-it-comes-to-ransomware-attacks-its-a-matter-of-when-not-if","status":"publish","type":"post","link":"https:\/\/version-2.com\/zh\/2022\/07\/when-it-comes-to-ransomware-attacks-its-a-matter-of-when-not-if\/","title":{"rendered":"\u201cWhen it comes to ransomware attacks, it\u2019s a matter of when, not if.\u201d"},"content":{"rendered":"\t\t
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Ransomware attacks are on the rise \u2014 in the first half of 2021, the average amount paid by organizations to perpetrators of was $570,000, an increase of 171% over the previous year. (1) <\/p>

Last year also saw a 93% increase in the overall number of ransomware attacks (2) \u2013 a trend that is only likely to continue. While such attacks were once limited to outlandish movie plots, they\u2019ve become an all-too-real problem for organizations of all sizes. In fact, when it comes to ransomware attacks, it\u2019s more likely to be a question of when, not if.<\/p>

Our concern at Keepit is that the regularity of ransomware attacks may lead to them eventually being dismissed as just a cost of doing business. But by choosing to pay the ransoms demanded, companies are powering a vicious cycle where the proceeds fuel increased cybercrime. (And paying a ransom does not guarantee getting your data back, as documented in the report ‘The Long Road Ahead to Ransomware Preparedness’ from ESG<\/a>)<\/p>

It\u2019s vital for the sake of commerce \u2013 and for society \u2013 that companies, governments, and law enforcement agencies come together to find long-term solutions to ransomware attacks.<\/p>

In the short-term, we encourage companies to invest in a third-party backup and recovery service to minimize the threat posed by encrypted malware. The more secure your data is\u2014and the quicker you\u2019re able to recover it\u2014the less worried you need to be about ransomware attacks. <\/p>

At best, an attack won\u2019t affect business continuity \u2013 it’ll just be a nuisance rather than a crisis. If you know your data is safe, you don\u2019t have to pay the bad guys\u2019 ransom. Problem solved.<\/p>\n\n

Summing Up <\/b><\/h4>

The disruptive power of ransomware attacks in 2022<\/h4>

An increasingly common threat, ransomware attacks are forecast to cost victims around $265 billion annually by 2031. (3) With conventional data recovery times often taking weeks or even months, the disruption to companies can be catastrophic in terms of financial costs to your business. But the damage goes beyond the bottom line. Additional impacts of ransomware attacks in 2022 are likely to include:<\/p>