Owners of small and medium businesses in the US recognize the potential of ransoware to disrupt their operations, but 84 percent say they wouldn't pay cyber criminals in the event of an attack. Yet the survey by data security company IDT911 also shows that company assets and business operations are left highly vulnerable as nearly 75 percent don't have cyber insurance, or are unsure if their policy includes cyber protection. "Ransomware is the Zika virus of the business world and there is absolutely no telling how far and wide this will spread," says Adam Levin, founder and chairman of IDT911,… [Continue Reading]
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