Quick Intelligence Blog

If Your Small Business isn’t Investing in Cyber Security, You’re in Danger of Losing Your Money

You’ve seen some of the headlines regarding big cyber security breaches. Colonial Pipeline paid a huge ransom to get their data back and get the gas flowing again. JBS Meat also suffered an attack that shut down production for days.

Topics: Backups Ransomware Phishing cyber security Cyber Insurance Multifactor Authentication

Why You Should Worry About Rising Cyber Insurance Costs

One of the biggest stories of 2021 has been the big increase in ransomware attacks. While not a new phenomenon, it seems that attacks are happening more frequently, with Barracuda researchers on reporting that they’ve identified and analyzed 121 ransomware incidents so far in 2021, a 64 percent increase in attacks. The ransom demands also keep getting bigger, with Palo Alto Networks’ Unit 42 reporting an 82% increase in the amount of the average ransom.

Topics: Backups Ransomware cyber security Cyber Insurance passwords Multifactor Authentication

Ransomware Hit 44% of Retailers in 2020

A Sophos study found that 44% of retail organisations were hit by a ransomware attack in 2020, and more than half of those affected (54%) said cyber criminals had succeeded in encrypting their data.

Topics: Backups Ransomware cyber security Cyber Insurance

Why You Should Never Pay The Ransom

Ransomware isn’t a new threat to business. It has been around for a long while, but lately it seems we are bombarded with news stories about ransomware. Two recent ones of note have been the cyber attacks on Colonial Pipeline and JBS Meats. In both cases they agreed to pay the ransom. So, why is this a problem?

Topics: Backups Ransomware