How can Indian SMEs combat ransomware attacks?
ransomware attacks have happened since January 2023. The data indicates that the average ransom in 2023 was $1.54 million, almost double the 2022 figure of $812,380.
What are Ransomware attacks?
Ransomware attacks involve malicious software that encrypts files on a victim's computer or network, rendering them inaccessible until a ransom is paid. These attacks can have devastating consequences for SMEs, ranging from financial losses and operational disruptions to reputational damage. Therefore, it is essential for SMEs to adopt proactive measures to mitigate the risk of ransomware attacks and protect their valuable assets.
Recognizing the urgent need for proactive measures, cybersecurity experts emphasize the importance of assessing infrastructure vulnerabilities using Ransomware simulator and the imperative for robust, proactive strategies to safeguard digital assets.
First and foremost, raising awareness among SMEs about the threat of ransomware and the importance of cybersecurity is paramount. Many SMEs lack adequate knowledge about cybersecurity best practices and the latest threats, making them easy targets for cybercriminals. By educating business owners and employees about the risks associated with ransomware and the steps they can take to prevent attacks, SMEs can significantly enhance their cybersecurity posture.
Moreover, investing in robust cybersecurity infrastructure is essential for defending against ransomware attacks. This includes deploying firewalls, antivirus software, intrusion detection
