Cyber Extortion - Why Cyber Criminals Are Winning

There’s no doubt that Ransomware is now a worldwide epidemic. In discussions with my peers in the industry and clients indicate that the threat of ransomware is stronger than ever, and the stakes have never been higher.

A friend of mine recently recounted a sad story. He told me about one of his clients, a family owned flower shop that suffered a $3,000 ransomware attack. They didn’t have the proper BDR (Backup Disaster Recovery) technology in place or the ability to pay the ransom demand. With limited cash flow, this was the straw that broke the camel’s back, and they were forced to close their doors and walk away after 15 years.

My friend also remarked that it’s almost like the old Hollywood gangster movies. We’ve all seen them: gangsters extort money from a small business owner using an implied threat of violence.  “You wouldn’t want your store to burn down, would you?” Of course, the small business owner has no choice but to pay up. Ransomware is Cyber Extortion! 

Luckily, there are affordable plans and technologies in place that can help businesses prevent and recover from such attacks. But first, you need to get serious about your technology. We are cyber security experts that know how to avoid Cyber Extortion and let YOU keep YOUR money in YOUR pocket with a properly managed BDR solution.