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Cyber Security

70% of Ransomware Attacks Targeted SMBs, BEC Attacks Increased by 130%

71% of ransomware attacks targeted small businesses, with an average ransom demand of $116,324 and a median of $10,310. The highest ransom demanded from its insureds was $8.5 million or 3,000 Bitcoin, while the highest ransom paid by one of its clients was of $935,000. Small businesses that do not lockdown Remote Desktop Protocol (RDP) are at higher risk of being attacked. Healthcare (34%), professional services (12%), and financial institutions (12%) were the top three organizations who experienced this type of incident.

Source: https://www.bleepingcomputer.com/news/security/70-percent-of-ransomware-attacks-targeted-smbs-bec-attacks-increased-by-130-percent/

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