In recent times, the ominous specter of ransomware has been haunting the digital world, with high-profile incidents sending shockwaves through businesses and organizations. Just last week, two such alarming events have dominated headlines in the cybersecurity world, the ransomware attacks on MGM Resorts and Caesars Entertainment, two giants in the hospitality and entertainment industry. These cyberattacks demonstrated the dire consequences of ransomware for well-known enterprises, and this article aims to shed light on the importance of using a Managed Service Providers (MSP) like SnyderOne to fortify your defenses against these digital extortionists.

For businesses, data loss, downtime, and the cost of ransom payments can be catastrophic, potentially leading to severe financial losses and reputational damage - and you may be at risk now.

You may think that cyber attacks only happen to large corporations. But unfortunately, that's not the case.

According to a recent report, almost two-thirds of small and medium-sized businesses (SMBs) suffered at least one cyber attack over the past year. That's a staggering number, and it should serve as a wake-up call for businesses everywhere.

But it gets worse.

More and more businesses are also experiencing repeat attacks, with 87% reporting at least two successful attacks over the past year. And on average, a company suffers almost five successful cyber incidents.

Terrifying. The question is, why are these attacks happening, and what can you do to prevent them?

Another day, another scam. And this is a sneaky one. Cyber criminals are getting smarter. This recent malware threat is unusually smart. It impersonates a highly trusted brand name to get a foot in the door.

Targets receive a convincing looking email that appears to come from a widely used e-signature platform. Attached to the email is a blank image that’s loaded with empty svg files, which are carefully encoded inside an HTML file attachment (stay with us here).

In short, it’s very clever and it’s tricking its way past a lot of security software.

That puts businesses like yours at risk. Because code within the image sends people to a malicious URL.