The Effects of Ransomware on your Business

Countless organizations and government agencies have fallen victim to ransomware attacks. Significant financial losses follow, as well as decisions about whether to pay the ransom or attempt to recover the data lost. If organizations do not have a backup policy set to recover, they are incapacitated for a period of time until systems can be brought back to what they were, or as close as possible. Joe Merces, President & CPO at Cloud Daddy, and former CIO, shares examples of recent ransomware attacks and what happens in the aftermath. No business or government agency is immune and without significant preplanning, the effects can be catastrophic.

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