71% of Ransomware Attacks Targeted Small Businesses in 2018
"About 70 percent of ransomware attacks in 2018 targeted small businesses, with an average ransom demand of $116,000, according to a recent report from Beazley Breach Response Services.
Beazley researchers analyzed 3,300 ransomware attacks against their clients last year and found the highest ransom demand was $8.5 million. The highest demand paid by one of their clients was $935,000."
As a whole, ransomware attacks have increased 11 percent from the past year, with 206.4 million attacks, according to recent SonicWall research. The increase is due to hackers mixing and matching malware components to create new variants, which makes it more difficult for tech to detect and identify these threats.
These attacks have increased 133 percent during the last year. These cyberattacks begin with credential theft by phishing or malware campaigns"
~ Health IT Security, March 27, 2019 ~