Ransomware Resiliency: The Risks Associated with an Attack and the Reward of Recovery Planning

An overview of the history of ransomware, its potential impact and best practices to protect IT systems.

Ransomware attacks are on the rise. According to Cybersecurity Ventures, ransomware will cost organizations across the globe
over $20 billion by 2021, with general cybercrime expected to make a $6 trillion impact—estimates including costs associated with restoring data and infrastructure as well as the often-hidden expenses of mitigating the social damage of an attack.

Ransomware is the fastest-growing global malware threat and one that often catastrophically impacts an organization, accounting for the majority of extortion-based events and causing billions of dollars in losses for organizations around the world today. It has the potential to disrupt all organizations using computing infrastructure—whether on-premises, managed by a third-party, virtual or in the cloud.