While many believe that cybercriminals are only zeroing in on large enterprises, a cybersecurity consulting firm has found evidence that small businesses are equally in danger.
2Secure Corp has released a new case study that shows you why your business is vulnerable to costly cyberattacks, particularly those that make use of ransomware.
The cyberattack it faced was carried out using the Phobos ransomware, a type of ransomware designed to target small and medium-sized businesses.
According to 2Secure Corp, it took 16 hours before the ransomware was detected and 71 days before a resolution was found.
By then, the victim had already spent over $275,000 on soft costs and $25,000 on ransom.
One of the issues uncovered by 2Secure Corp after the fact was the store’s lack of backup.
Another reason is that small businesses tend to take cybersecurity “too lightly”. Don’t make this mistake.
Learn how to protect your business by visiting 2secure.biz
This Phobos Ransomware SMB Impact Analysis Shows You How To Protect Your Small Business From Attacks
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