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Ransomware

Two cybercriminals working at multiple computer monitors displaying malicious code, illustrating how ransomware attacks are executed and highlighting the real world ransomware impact behind rising ransomware statistics and payments.

How Ransomware Gangs Cost Businesses $2.1B Between 2022 and 2024 

Leave a Comment / Blog, Co-Managed Services, Cyber Attacks, Cybersecurity, EDR, Endpoint Detection and Response, IT Support, Malware, MSP - managed service provider, MSSP - managed security service provider, Ransomware, Risk Management, Threats / By

From 2022 to 2024, ransomware gangs extorted over $2.1 billion in ransom payments. Reports estimate that around 4,200 ransomware incidents occurred between January 2022 and December 2024. As ransomware statistics and the ransomware impact on businesses continues to rise, organizations that are still reactive instead of proactive are betting their future on luck. What is […]

How Ransomware Gangs Cost Businesses $2.1B Between 2022 and 2024  Read More »

Stressed employee sitting at a desk with two monitors displaying a ransomware warning message, showing what ransomware looks like after a ransomware attack often triggered by a phishing email.

What Ransomware Looks Like and How the Attack Works 

Blog, Co-Managed Services, Cybersecurity, Cybersecurity Training, EDR, Employee Training, Endpoint Detection and Response, IT Support, Malware, MSP - managed service provider, MSSP - managed security service provider, Phishing, Ransomware, Social Engineering / By

Most people hear about ransomware, but very few know what it actually looks like or how it works. A ransomware attack is no joke. These attacks are able to encrypt data and shut down systems until a ransom is paid, and sometimes hackers still destroy the data anyways. For businesses, this is a real threat

What Ransomware Looks Like and How the Attack Works  Read More »

Why Hackers Target Manufacturing More Than Any Industry 

Blog, Co-Managed Services, Cyber Attacks, Cybersecurity, EDR, Employee Training, IT Support, Manufacturing, Manufacturing Featured, MSSP - managed security service provider, Phishing, Ransomware, Threats / By

In 2024, the worldwide manufacturing industry had the highest share of cyberattacks among any industry. This means that 1 out of 4 cyberattacks were targeted at manufacturers. In 2018, this number was only 10%, while in 2024 it’s closer to 26%. Manufacturing cyberattacks are a big risk not only for the company itself, but those

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Cybersecurity Strategies & IT Best Practices for Credit Unions

Blog, Credit Union, Cyber Attacks, Cybersecurity, EDR, Financial Services, Financial Services Featured, Governance, IT Support, Managed IT Services, MSSP - managed security service provider, Ransomware, Threats / By

The National Credit Union Association (NCUA) detailed that credit unions reported more than 1,000 cyber incidents in 2024. Credit unions being part of the financial sector makes them a target for cybercriminals. The data they store from customers can be very profitable for hackers, so credit union cybersecurity and IT are more important than ever.

Cybersecurity Strategies & IT Best Practices for Credit Unions Read More »

Photo of a stressed businessman.

Cybersecurity Horror Stories to Spook Your CEO for Halloween 

Blog, Cyber Attacks, Cybersecurity, Financial Services, IT outages, Malware, Oil, Phishing, Ransomware, Social Engineering, Threats / By

Forget horror movies and spooky ghost stories; the things that scare us most on Halloween are cybersecurity horror stories about famous cyberattacks. Whether they were data breaches caused by a ransomware attack or human error, we’ll go over cybersecurity horror stories that will scare even your CEO this Halloween. The Colonial Pipeline Attack In 2021,

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How Phishing Has Expanded Beyond the Email Inbox Today

Co-Managed Servicesa, Cyber Attacks, Cybersecurity, EDR, IT Support, Malware, MSSP - managed security service provider, Phishing, Ransomware, Social Engineering / By

Phishing scams are the most common form of cyberattack by far, with an estimated 3.4 billion phishing emails sent daily. What’s surprising is that is only 1.2% of emails sent across the Internet. Nowadays, hackers are experimenting with phishing beyond the email inbox, such as with social media phishing. So, in this blog, we’ll discuss

How Phishing Has Expanded Beyond the Email Inbox Today Read More »

AI-powered ransomware

AI-Powered Ransomware: An Emerging Cybersecurity Threat

AI, Blog, Co-Managed Servicesa, Cyber Attacks, Cybersecurity, IT Support, MSP - managed service provider, MSSP - managed security service provider, Phishing, Ransomware / By

Researchers have discovered what they say is the “first known AI-powered ransomware.” They say the malware isn’t fully functional yet. So, what does this mean for the future of ransomware and AI cyberattacks? That’s exactly what we’ll discuss in this blog. AI-powered ransomware is no longer theoretical; it could become a problem any day now.

AI-Powered Ransomware: An Emerging Cybersecurity Threat Read More »

Photo of solar panels and wind turbines representing renewable energy infrastructure.

Why Energy Companies Are Top Targets for Nation-State Hackers

Blog, Co-Managed Servicesa, Cyber Attacks, EDR, Employee Training, Energy, IT outages, IT Support, MSP - managed service provider, Ransomware / By

The energy sector is known as critical infrastructure. It enables the functioning of all other nearby sectors essential for public health, safety, the economy, and national security. So it’s not surprising that the average cost of downtime per hour is a staggering $2.48 million. Because without energy, society wouldn’t be able to function for long,

Why Energy Companies Are Top Targets for Nation-State Hackers Read More »

Nonprofit Breaches Are Rising: And Why Most Are Sitting Ducks

Blog, Co-Managed Servicesa, Cyber Attacks, Cybersecurity, IT Support, Malware, MSP - managed service provider, Non-Profit, Ransomware / By

Over 60% of nonprofits have reported experiencing a cyberattack in the last two years. With the nonprofit data breach costing $200,000 for nonprofits, there is a clear need for cybersecurity. But why do nonprofits get hacked? That’s what we’ll be going over today, and explain how most nonprofits are sitting ducks, and why nonprofit cybersecurity

Nonprofit Breaches Are Rising: And Why Most Are Sitting Ducks Read More »

The logo from the popular social media site Reddit

Reddit Users Reveal Why Companies Invest in Cybersecurity

Blog, Cyber Attacks, Cybersecurity, IT Support, Malware, Managed IT Services, MSP - managed service provider, Ransomware, Social Engineering, Uncategorized / By

While browsing the internet as we do, we stumbled across a thread on Reddit. It was titled, “What motivates a company to invest in cybersecurity?” There were plenty of great responses on there, with some brutally honest ones. Here’s our analysis of the 5 answers that caught our attention and how they reflect the real

Reddit Users Reveal Why Companies Invest in Cybersecurity Read More »

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