Ransomware attacks have steadily increased over the last few years and they have become a primary focus for MSP security teams. These attacks have become increasingly sophisticated and can cripple an IT provider or a business that is not adequately prepared. As you know, ransomware attacks can have a significant impact on business continuity, as they can disable production and create a living nightmare for managed security providers.
Educating clients about the dangers of ransomware attacks and the high cost associated with such attacks can be the deciding factor in them choosing to use you as their IT provider. Here are just a few more ways that you can educate clients on the high costs of a ransomware attack:
The main function of a ransomware attack is to take control of a computer and all of its files through encryption. The only way to restore this data is by paying a high fee to these cybercriminals. Your client may restore the computer but it is not very likely that they will be able to restore the machine to its previous state. The loss of data can have a wide-reaching impact on a company, and many companies are unable to bounce back from these cyberattacks. Describing these costly consequences to clients can help them understand the risk of ransomware attacks and the importance of choosing a managed service provider that offers the latest cybersecurity protection.
Companies are always looking for new ways to improve productivity and a ransomware attack can utterly destroy production and cause massive amounts of downtime. One of the best MSP security techniques is to educate potential clients on the dangers of ransomware and how it can cost their company valuable time and money. Companies that fail to pay ransomware attacks can suffer lengthy downtimes, which can ultimately cause the demise of any business.
The price of ransomware attacks has risen dramatically over the last few years. According to a recent research, the amount demanded through ransomware attacks has doubled since 2015. Even if your client gives in and pays the ransom, there is no guarantee that a cybercriminal will give them the correct decryption key. Educating potential clients on the dangers of paying ransomware attacks will help them avoid making this mistake and can encourage them to partner with an IT provider that offers the latest cybersecurity protection. As you can see, it is best to tell clients never to pay criminals, as it only encourages their behavior and will continue to increase the number of ransomware attacks worldwide.
Ransomware attacks are serious issues for any MSP security provider. Educating clients on the dangers of these attacks can help them avoid becoming the next victim and can help them to choose to partner with a managed service provider that offers the latest protection against these cyberattacks. While ransomware attacks continue to rise, it is essential to provide remote monitoring as another added layer of protection against these attacks. Remote monitoring and management (RMM) simply means that an IT provider can keep a watchful eye on their client’s computer systems, which can be the difference between attacks spreading from one computer to the next. RMM uses endpoint protection software, which allows the IT staff to detect, isolate, and remove any potential threats before they reach the endpoints of a network. The use of this technology can significantly reduce the risk of ransomware attacks and can save substantial amounts of downtime. The threat of a ransomware attack is real, but through the use of the latest technology, you can provide clients with the ultimate protection against these widespread attacks.