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Every 11 Seconds

Ransomware attacks are ramping up in 2021.

It's tough to do much in 11 seconds, right?

Well, Usain Bolt can run 100 meters - and still have a second to rest afterward...

According to estimates from Cybersecurity Ventures, a new Ransomware attack will hit every 11 seconds in 2021.

Hackers can do a lot in 11 seconds, too. That's the frequency cybersecurity researchers estimate that Ransomware attacks will hit organizations in 2021 - every 11 seconds.

And let's be honest - 2020 was rough! (like here, here, and here)

It's still getting worse.

Cybersecurity researchers estimate that the world will see (at least) 31.5 million Ransomware attacks in 2021.

So the question is: what do you do with the other 10 seconds?

Fear isn't fun, and you don't want to be one of those 31.5 million. So would it be a bad idea to make your organization harder to hack?

What are you going to do with the other 10 seconds?

Ok good! Let's hit a quick Top 3 next steps to securing your organization in 2021:

1. End User Security Awareness Training and Phishing Simulations
A successful, continuous Security Awareness Training program helps your team avoid the most common tactics and pitfalls from cybercriminals.
(Yep - how convenient for us... But does that make it any less important??)

2. Two-Factor Authentication (or Multi-Factor)
Two-Factor or Multi-Factor (2FA or MFA, for short - we love our acronyms!) makes fraudulent logins to your system much more difficult.
As an example, when you input your password on your online banking site, it'll trigger a text to your cell phone. This text message includes a code that you also have to input to gain access. This means that a cybercriminal has to have your username, password AND access to your text messages. See? MUCH harder to hack.

3. Patching
This sounds obvious - run the latest version of your software. Unfortunately, that's rarely the case. And that's because it takes a lot of work to successfully patch every program on every computer across your organization. But it's worth it!

With the above, we are assuming you've already got firewalls and anti-virus in place. Because let's be honest, without those, you're probably not reading this now!

And if you don't want to take my word for the  - take a look at an excellent write up from North Carolina's MEP here.

Let's look forward to 2021 with anticipation, not fear.

A great place to start is training your team to avoid the initial Phishing email, like the ones that start these Ransomware attacks every 11 seconds.

Are you ready to take action?
We make it easy to protect your team from attacks just like this one. Find out how to protect your team with INFIMA's Automated Security Awareness platform.

Start with a quick quote - hit us up here! (No sales call necessary!)

Thanks for the excellent research from Cybersecurity Ventures here.
[https://cybersecurityventures.com/global-ransomware-damage-costs-predicted-to-reach-20-billion-usd-by-2021/]

Joel Cahill

Cybersecurity enthusiast. Entrepreneur.