Virtual Business Solutions Blog

Cryptocurrency has brought about innovative new technology for use in the business world, but it’s also created more headaches, primarily due to ransomware. With ransomware, a malicious entity can lock down your computer files and demand a cryptocurrency ransom in exchange for your data’s safe return. So, why is cryptocurrency the chosen currency for these kinds of transactions?

Nowadays, we’re all busy—especially at work. Collectively, our days are filled with improving our products and services, cultivating client relationships, and putting out fires left and right. Do you really have the mental bandwidth to commit to quibbling over whether or not your data is secure?

The fact of the matter is that cyberattacks of all kinds are a constant threat to everyone, and could very well take your business out of commission unless you do something about it. Let’s review some steps that will help reinforce your business’ security posture and better defend your data.

What would you do if your entire infrastructure were impacted by ransomware all at once? Do you have a contingency in place to address this risk, or are you going to “wing it” in the face of such a threat? The smart answer is that you’ll be prepared, and a data backup and disaster recovery solution (or BDR) plan will help you do just that.

Cyberattacks are not to be underestimated. The damage that they can do—even in the first hours—is considerable. This means you need to have a strategy to respond to these incidents, conveniently called an incident response plan.

This procedure should be both tested and documented, preparing you to withstand any cyberattack with minimal damage or disruption. As you might expect, the first hour or so will be a crucial period during this process. Let’s go over what you need to do.

Small businesses are incredibly important for the community, but there can be no denying that cyberthreats disproportionately impact SMBs. This is especially true for ransomware, one of the worst threats out there, that has the potential to end unprepared businesses. Ransomware locks down access to your computer systems and encrypts files, demanding a ransom in exchange for restored access. What makes small businesses such ideal targets, and what can you do about it?

Most small businesses have trouble navigating cybersecurity, and that’s because there are too many threats to count. You might even feel like you're a little over your head yourself. Today, we’re bringing to you four of the biggest threats to watch out for on the Internet, as well as what you can do to keep them from impacting your operations.

Cybercrime and cybersecurity threats targeting businesses have increased consistently over the last several years, so it makes sense that it won’t slow down in 2025. Let’s take a look at a few insights so you know what to be ready for.

Like many of the past few years, this year has witnessed a significant surge in high-profile ransomware attacks. If you haven't already strategized how to safeguard your business from these threats, now is the time to act. Fortunately, you can take several proactive measures to mitigate the impact of ransomware attacks, and it all starts with preparation.

Since it was first documented in 1989, ransomware has only become far more severe, ruthless, and, most of all, prevalent. Let’s review some important statistics to remember if you are to understand ransomware and, even more importantly, avoid its impact on your business.

I hate to be the bearer of bad news, but when it comes to cybersecurity threats it’s kind of hard not to be. I used to look at it from two sides; one side is fascinated at the innovation and intensely brutal ways that high-end cyberattacks work, and the other side of me loses sleep at night worrying about these risks affecting our clients, prospects, and even my own business. This one particular classification of cyberattack, however, takes the cake for being especially frightening.

Cybercriminals fight dirty, whether it’s attacking small businesses, large enterprises, or individuals who just want to watch Netflix. It doesn’t matter who you are or what you do for the community; you’ll always be a target for hacking attacks. To save time and effort, hackers will use low-tech attacks and social engineering attacks to target individuals. Hackers aren’t developing new threats all the time; if anything, they largely use existing exploits, purchasable software, and social engineering to take advantage of people.

Ransomware has rapidly climbed to be one of the most dangerous and feared malware attacks that is used nowadays. It’s gotten to the point that, if you wish they would just stop, we can hardly blame you.

Unfortunately, there is no reason to believe that ransomware is going anywhere.

Ransomware is one of the more dangerous threats out there for businesses of all industries and sizes. To help emphasize just how dangerous it is, however, you have to look past the initial threat of having to pay a ransom and look at the other risks associated with it. We’re here to try to get the point across that ransomware is something your business should absolutely be taking seriously.

Ransomware is such a common occurrence these days that it has entered the public discourse, but we also want to note that it’s such an important topic to discuss with your team that you can never talk about it enough. We want to address some of the most common questions we get asked about ransomware and what can be done about it.

There is a lot made about ransomware, for good reason. It is quite simply one of the nastiest cyberattacks out there and it demands your attention. A lot of people understand what exactly ransomware sets out to do, but they don’t understand how it got that far and how to address the situation if they have the misfortune of being put in that position. 

We talk a lot (and we mean a lot) about cybersecurity, with ransomware getting a lot of our focus…and for very good reason. Ransomware is a huge threat that today’s businesses need to be prepared to deal with. In light of this, we wanted to share a few tips to help you avoid the negative ramifications of ransomware.

This past January, the Federal Bureau of Investigation issued an announcement that they had targeted and taken down the servers for a Dark Web organization responsible for the Hive ransomware group. While there is certainly cause for celebration here, one major statistic is enough reason to continue being concerned.

Ransomware is one of the more dangerous threats out there today, and since it is so prominent and dangerous, it is a popular choice amongst hackers. To combat this threat, a community has formed around the cause, encouraging users to not pay the ransom by providing free malware removal tools for the most popular ransomware threats.

Ransomware is devastating as a cyberthreat, but some industries are hurt by it more than others. One such industry is education, and universities and schools are struggling to keep up with these cyberthreats. Most even do the unthinkable in response to attacks: they pay the ransom.

Did you know that the United States is the leader in ransomware payments? According to a survey from Mimecast titled “The State of Ransomware Readiness,” the U.S. has the highest average payment for ransomware out of the entire world at more than $6 million per victim. These shocking numbers likely stem from high-profile ransomware attacks, but they are also indicative of a larger problem, that being people who still pay the ransom.