Ransomware has quickly become one of the most troublesome issues that businesses deal with nowadays. In the US alone, ransomware attacks cost organizations more than $7.5 billion in 2019, and there are no signs of them slowing down in 2020. Multiple city governments, hospitals, and businesses have all been victims of ransomware attacks.
The threat landscape has grown so large that attackers can now buy and sell ransomware as a service. Couple this with the fact that new strains and variants of this type of malware are added on a frequent basis, and it becomes evident that ransomware is a threat you have to take seriously. And you must do so immediately.