MicroLogix Network Services, LLC Blog

Even with ransomware making headlines last year, 2024 saw one of the most interesting trends yet: decreased payments. Last year alone, ransomware payments decreased by hundreds of millions of dollars, even with large-scale attacks and a massive $75 million payment by one victim. Progress? Well, maybe.

One of the biggest myths about cybersecurity and cybercrime is that smaller businesses are somehow immune to the more dangerous types of threats because they don’t pose a viable target for cybercriminals.

Nothing is further from the truth.

If you’re not familiar with ransomware, we wish we lived in the same universe you’ve been living in the past decade. It’s a serious problem for all types and sizes of businesses, not to mention its impact on individuals, governments, and world organizations. Today, we want to go over some of the latest ransomware tactics in use as of 2024.

As cyberthreats become more advanced, businesses must take proactive steps to address them. Cyberattacks can have devastating effects, making it crucial to enhance employees’ awareness of online threats. This month, we examine the top three IT security challenges businesses face and how to combat them effectively.