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Every organization needs to prepare for ransomware attacks.

A glance at the headlines shows that the IT world is a dangerous place today. Organizations of all stripes are suffering devastating ransomware attacks; a few of the highest profile ones include Colonial Pipeline, JBS and Kaseya. But the problem is not limited to corporations — SMBs, government agencies, school districts, healthcare providers and many other sectors have been hit hard as well.

Consider these statistics:

  • 69% of organizations were compromised by ransomware.
  • Just 8% of those that paid a ransom got all their data back.
  • The average downtime due to a ransomware attack is 21 days. (Some customers report being down for much longer.)
  • The average cost of remediating a single ransomware attack is $1.85 million.
  • The total cost of ransomware was $20.8 billion — just for US healthcare organizations!