Ransomware Attacks On Small Businesses Eight Times Higher In Q3 2016, Than Same Time Last Year

By   ISBuzz Team
Writer , Information Security Buzz | Nov 09, 2016 08:13 pm PST

Small businesses faced eight times more ransomware attacks in the third quarter of 2016 than the third quarter of 2015. According to the Kaspersky Security Network (KSN), 27,471 attempts to block access to corporate data were detected and repelled by Kaspersky Small Office Security in Q3 2016, compared to 3,224 similar attacks in the same period of 2015.

Ransomware blocks all operations or encrypts critical business data until a ransom is paid. A successful ransomware attack usually leads to significant financial loss or even the shutdown of critical business processes, something which can have a significant impact on a small company. In Kaspersky Lab’s Corporate IT Security Risks 2016 study, more than half of respondents from small businesses (55 per cent) reported that it had taken them several days to restore access to encrypted data after an attack.

In order to minimise the risks, businesses need to address ransomware threats with preventative measures. Minimal security requirements should include educating personnel on how to resist social engineering and phishing attempts, how to make backup copies of critical data, how to update software on their devices and how to implement high-end information security solutions suitable for a small company’s needs.

“Threats in the small business sector are constantly increasing, therefore even the smallest companies need to be able to protect themselves. When it comes to ransomware, paying the ransom doesn’t guarantee that data will be returned safely. To ensure protection from ransomware and other types of attacks, businesses need to implement reliable, up-to-date information security solutions as a preventative measure – it is always easier to prevent threats, as opposed to responding to them when the damage has already been done.” said Vladimir Zapolyansky, Head of SMB Marketing, Kaspersky Lab.   

Because their protection needs are different to those of large corporations, small companies need to implement dedicated solutions. Kaspersky Lab has therefore released an update to Kaspersky Small Office Security. The solution now features an enhanced anti-ransomware functionality to provide multi-layered protection from well-known and emerging threats for small and very small businesses.

 Kaspersky Top 3

Each year products by Kaspersky Lab, along with other vendors are tested in a number of independent benchmarks and comparative reviews. We are proud that our products, for the third time, demonstrated the best results in 2015, achieving a higher percentage of top-three places than any other vendor: 82 per cent.

Learn more at www.kaspersky.com/top3.

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