Quick Intelligence Blog

There is a myth that says good cybersecurity is expensive. If you follow that line of reasoning, SMBs are doomed to failure. If you think the word failure seems harsh, considering that 60% of SMBs go out of business after suffering a cyber attack, it isn’t. Surely, there must be something SMBs can do to protect themselves.

Ransomware is malicious software designed to make your data inaccessible by encrypting files on your computers and network. The cybercriminal that sent the ransomware will then ask you for a substantial ransom to unencrypt your files.

(Updated from September 15, 2021)

(Image courtesy Trend Micro)

(This is a summary of an article written for TLOMA Today: 5 Things Your Law Firm Can do Right Now to Improve Cybersecurity)

(Updated from September 29, 2021)

If you believe your company is too small to be targeted by cybercriminals, think again. Due to their lack of substantial cyber security budgets, small businesses are often viewed by hackers as “low hanging fruit,” or easy targets. Statistics confirm this as well.

(Updated from November, 19th 2021)

Many organizations feel that being prepared for a ransomware attack is futile. This couldn’t be further from the truth as told by BleepingComputer. Their article about the REvil ransomware attack on Kaseya VSA customers mentioned that many victims refused to pay the ransom. The reason: Backups!

The growth of ransomware continues, leaving many cybersecurity experts to wonder if there will ever be an end? The numbers for 2021 do not paint a good picture. Sophos says the average ransomware payment has increased to $812,260 compared with the 2020 average of $170,000. Worse still, the number of ransoms over $1 million has risen to 11% up from 4% in 2020.