Our great friends over at Cybereason published a blog article recently that really drew my attention. The article in question covers how exactly you should calculate the cost of a ransomware attack and what people typically get wrong when attempting to do so.
Key Points
Ransom Demand and Data Recovery Costs are only the tip of the iceberg. Things that need to be included are:
- Temporary Staff Increases
- Potential Cybersecurity Consulting Service Fees
- Lost Business Productivity
- Decrease in Brand Reputation
It’s a good (and quick) read and I highly recommend you head over to Cybereason and check it out:
https://www.cybereason.com/blog/how-much-does-a-ransomware-attack-cost