The cybercrime industry is continually evolving and ransomware attacks have become one of the most financially successful criminal endeavors. Unfortunately, as long as businesses choose to pay a ransom demand instead of implementing effective defense strategies, it's unlikely that this alarming trend will disappear anytime soon.

Ransomware is one of the most dangerous cyberthreats that all businesses need to protect their data and systems against. Ransomware can encrypt organizations’ data and hold it ransom until a payment is made—leading to costly consequences for companies. From medical providers and IV therapy companies, to engineering firms and oil & gas companies - no industry is safe from the encryption power of this cyberthreat unless they have effective plans in place for data protection.