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Recent Ransomware Attacks: A Deep Dive into Commercial and Healthcare Industries

Ransomware attacks have become a significant threat to businesses worldwide. They have evolved from simple data encryption to more sophisticated tactics, including double extortion. This blog post will discuss recent ransomware attacks in the small business and healthcare sectors and provide some best practices to prevent such attacks at Eastern Data.

Ransomware Attacks in the Small Business Sector

In the small business sector, ransomware attacks have been on the rise. According to the Verizon 2023 Data Breach Investigations Report, the median cost per ransomware attack more than doubled over the past two years to $26,000This is partly because there has been a dramatic increase in ransomware attacks, which represent 24% of all breaches.

Another report shows ransomware attacks have increased by 80% year-over-year in 2022The Ransomware Taskforce estimated that small businesses were the victims of 70% percent of ransomware attacks in 2021.

Recent news articles have highlighted the increasing threat of ransomware attacks on small businesses. For instance, a ransomware attack may have impacted thousands of small businessesAnother article reported that 82% of ransomware attacks target small businesses.

Ransomware Attacks in the Healthcare Sector

The healthcare sector has also been a prime target for ransomware attacks. The FBI, CISA, and HHS recently advised healthcare organizations to harden their systems to protect against Black Basta ransomwareAnother report highlighted that the ransomware group Black Basta is accelerating its attacks against the healthcare industry.

A significant ransomware attack on U.S. health care payment processor Change Healthcare disrupted health care systems nationwide earlier this yearThe attack was due to a lack of multifactor authentication.

How Eastern Data Can Help

At Eastern Data, we understand the devastating impact of ransomware attacks and are committed to helping businesses protect their valuable data. Here are some ways we can help:

  1. Regular Software Updates: We ensure that all your software is regularly updated to patch vulnerabilities that ransomware attackers could exploit.
  2. Two-Factor Authentication (2FA): We implement 2FA to make it harder for attackers to gain access to your network.
  3. Antivirus Software: We provide robust antivirus software that automatically scans your emails and removable media for ransomware and other malware.
  4. Firewall Protection: Our top-tier firewall program comes with email filters that can block known phishing emails and a malicious network filter to keep you safe online.
  5. Data Backup: We help you back up your data regularly, so even if a ransomware attack occurs, your business can quickly recover.
  6. Employee Training: We provide training to your employees on cybersecurity best practices, including how to identify phishing emails and malicious web ads.

Remember, the best defense against ransomware is a good offense. By taking proactive steps to secure your network and educate your employees, you can significantly reduce the risk of falling victim to a ransomware attack.

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