How does ransomware affect business?

Trey Turner

How Ransomware Impacts a Business

A successful ransomware attack impacts a company’s ability to function. In this video, senior consultant Trey Turner explains that often the business is affected in unforeseen ways. Even companies whose core functions exist outside of digital networks can find their ability to function severely compromised. Even if business is able to continue, workaround solutions may hamper business speed and the volume of transactions able to be done. In some cases, ransomware can shutter a business. He urges companies to consider worst case scenarios and give a critical eye to what systems could go down. Doing such an assessment would clarify how vulnerable your business is and encourage preparations against this threat as needed.

Highlights:
– Ransomware disrupts business as usual, leading to issues with capacity, payroll, invoicing, ordering, and more. The impact of ransomware can be detrimental enough for a business to go under.
– No industry is immune to the impacts of ransomware. Even construction companies may see business come to a halt when certain processes no longer function.
– Simply put, if a business is no longer able to function at the level it was making money at before, they may go out of business.

Ask an AlaGENIUS: More Ransomware FAQs

Trey shares the importance of preparing to deal with a ransomware attack.

Tom shares the primary components of this financially-motivated type of attack.

Trey discusses why paying a ransom is not ideal and preparing a recovery strategy.

Protect Your Company from Ransomware Attacks

Alagen has helped organizations of all sizes become ransomware resilient. Guided by established best practices, our Ransomware Resilience Planning service focuses exclusively on ransomware prevention, containment and recovery. Efficiently assessing your strengths and weaknesses, our experts forgo extensive (and time consuming) discovery and documentation to quickly deliver what matters most — prescriptive guidance to decrease your likelihood of a ransomware victimization.

Alagen Cybersecurity Solutions

Alagen is a 100% security services firm with consultants nationwide. A comprehensive partner across the full security lifecycle, Alagen assists with strategic advisory (including CISO as a service), threat + vulnerability management, architecture + integration, and managed services. Unlike many consultants, Alagen is not a reseller. Instead, Alagen pairs deep expertise with a customer-oriented approach that finds the solutions that best address the unique security challenges of each client.

Please explore our website or contact us to learn more about how we can help improve your cyber security.

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