Ransomware, a type of malware, is top-of-mind for all organizations today as attacks become more sophisticated and its impact increasingly detrimental. When infected with ransomware, organizations lose access to their systems and/or data and the cybercriminals demand a ransom in exchange for restoring access.
One in four companies worldwide pay the ransom to regain access to their files. However, paying up does not always pay off. The likelihood of getting all your data back after paying is slim. In 2021, only 8% of companies that paid recovered all their encrypted files, according to SonicWall’s Cyber Threat Report. To stop ransomware attacks, collectively we need to cut off the cybercriminal’s source of income – that means not paying the ransom and understanding the alternative steps to take to prevent and respond to a ransomware attack.
In this ultimate guide to ransomware attacks, explore:
- Ransomware trends, targets, and families
- How does ransomware work
- How to prevent and detect a ransomware attack