As ransomware attacks continue to rise both in frequency and intensity, their impact on business grows exponentially. Today’s ransomware campaigns are very different from what has been seen in the past. On the one hand, ransomware can be easily obtained and used successfully by criminals that have little to no hacking skills. On the other hand, ransomware is being used for much more than just ransoms. In some cases, it is seen to be used as a diversion; first harvesting credentials for later use, and then encrypting the drive to keep IT staff occupied while the attacker covers their tracks and accomplishes even more nefarious objectives.

Once execution takes place, the business cost and business risk go up exponentially. Likewise, organisations that are well prepared for ransomware can greatly minimise the business impact of an IT incident in general. 

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