There are three entry points where ransomware can disrupt your operations: your connection with customers, your connection with vendors, and your email solution. Hackers have a direct path to your customers if you have a VPN or customer-facing servers, while email phishing scams are a common method hackers use to persuade your employees to download malicious software. The messages may appear legit, but their contents (attachments or URLs) can deliver malware to personal devices.
Ransomware steals personal information that’s then stored on another server and later sold to the highest bidder. All the sensitive data your customers and vendors store on your network is fair game. When a crime like this occurs, the damage to your reputation is catastrophic. People don’t trust companies who can’t protect their personal information.
Ransomware is a threat to companies of every size. Small businesses in particular usually don’t have a ton of resources dedicated to cybersecurity, so hackers consider them an easy target. However, there are ways for every organization, no matter the size, to improve the security of their data.