A few weeks ago, 60 Minutes published a report on Ransomware. If you're like me, you were probably shocked to find out how many cities, utilities and hospitals have been hit. If you own or manage a company, you may have even wondered if you might be at risk. As a hosting provider for websites and email, we have seen and been warning our customers for several years about the increase in attacks.
Many of our clients are small companies with less than 10 employees. Most of them think they are too small to have hackers be even remotely interested in them; however, this thinking is exactly what hackers are counting on. You see, most smaller organizations do not have the staff to properly train their employees, and monitor and protect their systems.
If you missed the report, ransomware is a form of virus or malware that prevents users from accessing their systems or data until a ransom is paid. The primary way criminals delivery their malware is by users clicking links from infected websites or emails that appear to be legitimate. According to the 60 Minutes report, the typical ransomware demand was $50,000.
A few startling statistics you may not be aware of:
- Ransomware costs businesses more than $75 billion per year (Source: Datto).
- 34% of businesses hit with a ransomware attack took a week or more to regain access to their data (Kaspersky).
- A new organization will fall victim to ransomware every 14 seconds in 2019.
- 1.5 million new phishing sites are created every month.
- More than 280,000,000 URLs were identified as malicious.
- Ransomware generates over $25 million in revenue for hackers each year.
FBI’s Cybercrime unit department head Mike Chistman reported that most ransomware attacks are preventable if companies practice good “cyber hygiene.” These include applying patches to keep your applications software updated, using two-factor authentication, ensuring your applications are backed up and regularly updating your passwords.
Cyber-Hygiene and Hosting
Did you know that we provide additional website security that identifies when applications are out dated and allow two-factor authentication for all WordPress hosted websites? We also back up your site daily and retain these backups for 28 days. Additionally, we archive a monthly backup of all WordPress sites. And we provide premium backup software free of charge to all WordPress sites hosted on our servers to allow our customers to do additional backups should they wish to add to our protection levels.
Managed Service Plan (MSP) subscribers are also protected from outdated software applications by having their sites checked and updated weekly and critical updates applied within 24-hours of notification that an update is ready to be applied. Website hosting, daily backups, and software updates and patches applied all for less than $1.50 per day.
Who says “peace of mind” cannot be done affordably? If you are interested in learning more about our hosting or Managed Service Plan or just want to know more about how you can help prevent a successful attack, please contact us.