By Wayne Rash – Ransomware can put you out of business. This type of malware attack can cost you your data, your cash and accounts and it can cost you your customers. And it may cost thousands of dollars in direct costs and a lot more in indirect costs.

But you can limit your losses if you take precautions before someone tries to attack you. Those precautions can include protecting your networks and computers from being attacked, preventing the attack from proceeding and allowing you to recover if the attack was successful.

The damage that ransomware causes is significant. The city of Baltimore, Maryland, lost $18.2 in recovery expenses and lost revenue in 2019 while systems were out of operation for months. A European hearing aid maker lost over $100 million. If the ransomware is combined with a data breach, the costs can skyrocket. Read On: