Ransomware attacks affect five percent of SMBs

Five percent of all small and medium-sized companies in the entire world were victims of a ransomware attack in 2016 alone, with the money paid out to reclaim data reaching new highs, new research has revealed. Datto's new State of the Channel Ransomware Report found that an estimated $301 million (£222 million) was paid to ransomware hackers from 2016-2017. The report, which was based on a poll of more than 1,700 managed service providers that work with more than 100,000 SMBs, also found that 99 percent of respondents believe the number of ransomware attacks will increase in the next two years. The financial strain… [Continue Reading]