The cost of ransomware
Why every business ultimately pays
Why every business ultimately pays
With huge damage to organisations' systems, data, and reputation, and the financial harm, the consequences can be severe.
This recent article by Acronis explores the financial significance of ransomware attacks, which go well beyond ransom payments. Even victims who refuse to pay will incur substantial expenses and lost revenue for the duration of the incident itself, throughout the containment and recovery process, and potentially for weeks and months afterward.
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