The pandemic posed a number of new challenges for businesses, including moving to work from home scenarios, which meant data was being utilized on connections that were not as stable, so the threat of attack was greater. Though the growth was not exclusive to people working from home. In fact, according to Cybersecurity Ventures, the exponential growth of the ransomware threat is growing at a rate of 15% per year and will reach $10.5 trillion in the U.S. by 2025.

The Conversation reports that since the beginning of the pandemic in early 2020, ransomware attacks have increased almost 500 percent, and ransom requests have increased by 43% since the fourth quarter of 2020!

The exponential growth of ransomware threats is more than just a security issue.

A security issue at your organization is one matter. The other issue that results from these attacks is the breach of company data which leads hackers to demand money on a specific timeline or else they will release the stolen information.

The banking industry which holds unique identifiers like Social Security numbers to identify its customers, as well as deposits and investments, is under attack. In July 2021, there was a $70 million ransom requested in a global ransomware attack on the industry. This isn’t just an American problem; it’s global.

The FBI reports that hackers are getting more sophisticated in where, when, and how they attack, and that means businesses and organizations need IT Security Services in Pasadena and around the globe to protect customer, employee, and client information and infrastructures.

At NetReady, we know your time, money, and resources are valuable. That is why our IT Services are offered on a monthly flat-rate plan and include:

  • Evaluation of current IT Security
  • Managing employee data access
  • Managed Cloud Services
  • Backup of files
  • Disaster Recovery plans
  • Network Security
  • 24/7 help desk support

We customize your plan to meet the needs of your business. Don’t let your business be part of the exponential threat of ransomware attacks. We’re here to help.

Contact us today to get started!