Traditionally, the approach was simple: malware encrypts the victim’s files, and the victim must pay for the restoration of their data.Īs IT environments (and security solutions) evolve, so has ransomware. Ransomware, by definition, is malicious software - used by cybercriminals - that is designed to extort money from its target. Let’s explore the dangers posed by ransomware today, and how to build - and sell - protection plans that will serve both your clients and your own business. But MSPs face their own operational challenges when it comes to adopting, selling and managing new solutions. Upselling clients to advanced security protection should be a no-brainer, then. Attacks against SMBs comprise about 75% of all ransomware cases - and the security challenges facing these organizations are overwhelming. High-value ransom demands against major enterprises tend to grab headlines, but it’s small businesses that are most at-risk. Ransomware is highly destructive, and disrupts both client businesses as well as the MSPs that serve them. The latest surveys and stats all point to the same thing - ransomware is still among MSPs’ top concerns in 2023.

Acronis cyber