Malware — shorthand for malicious software — is a code or program designed and deployed by cybercriminals to infect your computer systems in order to damage, disable, or exploit your company.
Hackers create malware to attack your business and try to:Steal, encrypt, or delete sensitive information, such as passwords or customer data Hijack and modify core system functions Monitor your activity without permission Blackmail or extort money in the form of ransom Inject spam or forced advertising
Of all the data breaches, 28% involve malware according to Verizon.
What’s more, stats suggest that 58% of malware attack victims are categorized as small businesses, the average cost of a malware attack on a company is $2.4 million, and 34% of businesses hit with malware took a week or more to regain access to their data.
And with the number of new malware detections increasing every day, it goes without saying that your company must be proactive about preventing malware infections in order to:Safeguard sensitive company information and workflows Maintain the trust and data of customers Avert huge monetary and reputation losses
Before taking a look at what you can do to protect your company ag