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Ransomware's Toll: How this Cybersecurity Firm Mitigates the Damage

The article from MSN discusses the impact of ransomware attacks on small businesses and how cybersecurity firm Coveware helps mitigate the damage. Ransomware, a type of malware that encrypts data and demands payment for its release, has become increasingly sophisticated, targeting not just large corporations but also small businesses which often lack robust cybersecurity measures. Coveware specializes in ransomware incident response, offering services like decryption, negotiation with attackers, and recovery strategies. The firm has noted a significant rise in ransomware incidents, with attackers employing double extortion tactics where they not only encrypt data but also threaten to leak it. Coveware's approach includes forensic analysis to understand the breach, advising on whether to pay the ransom or not, and providing tools and strategies to recover data without necessarily paying the ransom. The article highlights the importance of preparedness, regular backups, and the evolving nature of cyber threats, emphasizing that while paying the ransom might seem like a quick fix, it often encourages further attacks and doesn't guarantee data recovery.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/smallbusiness/ransomware-s-toll-how-this-cybersecurity-firm-mitigates-the-damage/ar-AA1vZC2B ]