Why ransomware costs small businesses big money

When businesses are hit with ransomware, it’s not just the ransom amount that could financially hurt. The time spent trying to get systems back online and potential revenue lost in the meantime makes a lasting impact, too.

Major cyberattacks like WannaCry have put ransomware — known as malware that locks down computers until money is sent — top of mind for businesses. But smaller, more targeted ransomware attacks can also do considerable damage to small businesses.

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