Quick Intelligence Blog

Ransomware Hit 44% of Retailers in 2020

A Sophos study found that 44% of retail organisations were hit by a ransomware attack in 2020, and more than half of those affected (54%) said cyber criminals had succeeded in encrypting their data.

Topics: Backups Ransomware cyber security Cyber Insurance

Cyber Insurance: Why You Need it!

When you opened your business, you knew you needed some basic insurance, like fire and theft, but have you thought about cyber insurance? Wikipedia defines cyber insurance as, “a specialty lines insurance product intended to protect businesses, and individuals providing services for such businesses, from Internet-based risks, and more generally from risks relating to information technology infrastructure, information privacy, information governance liability, and activities related thereto.”

Topics: Ransomware cyber security Cyber Insurance

How to Protect Your Business from Ransomware

Ransomware is malicious software designed to make your computer inaccessible by encrypting all of the files and holding them hostage for a substantial ransom. If your computer is connected to a network, it will usually try to spread to any other computers on the network and infect their files too. Recently, Colonial Pipeline and JBS Foods suffered ransomware attacks that affected production and forced those companies to pay a huge ransom.

Topics: Ransomware

Why You Should Never Pay The Ransom

Ransomware isn’t a new threat to business. It has been around for a long while, but lately it seems we are bombarded with news stories about ransomware. Two recent ones of note have been the cyber attacks on Colonial Pipeline and JBS Meats. In both cases they agreed to pay the ransom. So, why is this a problem?

Topics: Backups Ransomware