One of the most significant threats to your business is the ever-growing menace of ransomware attacks that seek to gain access to your data and files. These attacks are often conducted by organized groups that tend to target specific businesses or industries. Once a successful attack breaches a network or computer, the data found is encrypted, then the victim is informed that their data can only be retrieved through a decryption tool that will only be released to them if they pay the ransom, in the form of untraceable Bitcoin. If the victim refuses to pay, then they are threatened with the public release or the selling of their data, or with the outright destruction of that data.

Training your employees to be aware of these attacks and how they are executed is one of the ways to prevent such attacks from becoming successful for the groups conducting these attacks. Recognizing suspicious links within emails is vital for reducing the possibility of becoming compromised. If you are not regularly testing your employees to see if they can spot these attacks, then your training program is a failure.

A business falls victim to a ransomware attack every 11 seconds. This year alone, we are on track for ransomware demand costs reach over $1.4 billion, just in the U.S. alone.