What is Ransomware?
Look inside the tactics hackers are using to compromise data
How is Ransomware Affecting Businesses Like Yours?
- 60% of small companies that suffer a cyber attack are out of business within six months.
- 29% of businesses breached in the last year lost revenue, a third losing more than 20% of their customer base.
- 96% of businesses hit with ransomware lost access to their data for more than a day, leading to costly downtime.
The criminals behind ransonware attacks are organized and profitable, earning an estimated $10 million to $50 million a month.
Recently, authorities discovered an organized Ransomware-as-a-service ring. The members of the ring infected nearly 150,000 victims in 201 countries. The profits were split between those who created the malware and those who worked to find new targets.
Learn more about the growing threat from ransomware
Cisco's 10th Annual Cybersecurity Report takes an in-depth look at the state of security across verticals. It looks at the tactics criminals use, and provides steps to prevent, detect, and mitigate threats and minimize risk.