- Expanded digitization of personal and business transactions creates valuable data repositories, leading to increasing ransomware attacks as the value of data increases
- A ransomware attack breaches a system, locks data, and paralyzes an organization until a payment is made
- Data 443’s Ransomware Recovery Manager Home and Enterprise edition recovers data with a simple reboot
- Data443 provides suite of SaaS solutions that covers “All Things Data”, provides ancillary services to large organizations
Increased digitization of human activities is creating massive troves of data, creating new opportunities for cybercriminals. One lucrative method — known as a ransomware attack — breaches the system, locks the data, and effectively paralyzes the organization until a payment is made.
In 2021, the FBI’s Internet Crime Complaint Center (“IC3”) received 3,729 ransomware complaints with adjusted losses of more than $49.2 million (https://ibn.fm/klS1Y). According to FBI Supervisory Special Agent Michael Sohn, data backup and encryption is critical “so you could access it even if the criminals…
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