Tag Archives: Coveware

C-Suites: Cybercrime Damages Expected to Reach $6 Trillion by 2021

According to Cybersecurity Ventures, cybercrime is the fastest growing crime in the U.S., with damages expected to reach $6 trillion globally by 2021. Therefore, it is axiomatic that C-Suites continue to address the risk associated with cybercrime and how cybercrime will affect the business. Ransomware continues to be one of the biggest risks to company … Continue Reading

Ransomware Attacks More Frequent and Recovery Efforts Extended in 2020

A new report published by Coveware concludes that companies hit with ransomware attacks spend an average of 16 days recovering from the attack. Think about being offline and unable to do business for 16 business days. It is extremely disruptive and costly. It takes larger organizations longer to recover than smaller ones, and larger organizations … Continue Reading
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