6 Reasons Your Business Needs Ransomware Protection

6 Reasons Your Business Needs Ransomware Protection

The technological advances of the past years have made it incredibly easy for consumers to do almost everything online, from shopping to watching movies or learning. As such, a lot of businesses have moved their operations online. With that, a new risk emerged – ransomware.

In this article, we will explain what ransomware is and why you need protection against it.

What Is Ransomware?

Ransomware is a crypto-malware that gathers personal data of the virtual hostage victim, threatening to publish the information unless a ransom is paid. It can vary from a more manageable and reversible situation where someone with the correct knowledge can fix it to a malware called cryptoviral extortion.

Why Does Your Business Need Ransomware Protection?

A cyberattack can create a lot of damage for business, both from a financial point of view but also from a marketing and PR perspective.

In theory, a ransomware attack will hold hostage your business information demanding payment, but in reality, it is not ensured the information will be recovered.

Ransomware Protection offers:

 

Protection for Your Clients

Sensitive information can be stored and the threat of releasing it can cause harm to your clients. Depending on the type of business, it is not only about the repercussions it can have on your operations, but also on the client’s reputation too.

 

Financial Safety

Many companies decide to pay the ransom, leaving the business with substantial financial issues. And, as we’ve mentioned already, there is not a guarantee that the information will be returned. This can lead to financial issues on top of damaging your reputation.

 

It Protects Your Business from Shutting Down

A ransomware attack can shut down your business, even if it’s just temporarily. This can affect your productivity, clients, systems, and all aspects of your organization.

 

Protect Your Resources

Ransomware protection helps your business from losing resources in trying to solve the malware problem, such as time, specialized personnel, money, and so on. Not to mention, the pressure, frustration, and stress such an attack can have on your employees and how their mental energy will have to be redirected toward fixing it.

 

Satisfied Customers

An incident like this can also have irreversible long-term repercussions because of the possibility of losing customers. Good ransomware protection will enable your business to keep its reputation intact and create a safe environment for the employees.

 

Prevention Against Disruptive Changes

It can take years for your business to recover from ransomware attacks. In some cases, the damage is so big that they never recover.

 

Keep Your Business Safe!

Investing in the proper protection helps your business not only be as safe as possible but also build trust with your client and employees and showcase reliability.

But, as a small business, it can be hard to know where to start.

At West County Computers, we can help. Request a free IT risk assessment online, or give us a call at 707-360-8652, and one of our customer reps will get in touch with you to learn more about your business IT needs and how WCC can help.

 

Related Articles:
What Are the Top 4 Cybersecurity Threats Facing Small Businesses?
What Cyber Security Solutions does Your Business Actually Need?
How Much Does a Cyberattack Cost a Small Business?
How Can You Protect Your Small Business Against Cyber Attacks?
Proactive Cybersecurity: What Small Businesses Can Actually Do To Stay Safe
3 Tips for Preventing Ransomware in Your Small Business

 

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