The Latest Victims of Tech Layoffs? Ransomware Hackers

Now, ransomware groups like Conti are downsizing.

Are Small Businesses Finally Safe From Attacks?

Ransomeware is particularly tough to defend against as a small business, and 82% of 2021 attacks targeted organizations with fewer than one thousand employees.

Granted, some industries were at a higher risk than others, with healthcase constituting one major target, and financial services another (ransomware accounted for 81% of all 2020 financial cyberattacks).

While businesses are all recommended not to pay any ransom, the dirty secret is that most of them do just that, with one survey finding 88% of executives who had already been hit by ransomware admitting that they would pay if attacked again.

In 2023, small businesses just might be able to breath a little easier.

But with ransomware seemingly on the decline, other cyber threats may be worth considering, too, from company email compromise to DDOS attacks on VoIP services. One thing’s for sure: A lot of call center workers will need some new occupation, and there’s always another scam.