Warning to Miami & Fort Lauderdale bosses: Average ransomware payment now $312,000

Fort Lauderdale, FL, May 6, 2021: The most terrifying cyber-crime that can hit South Florida businesses now costs an average of $312,000 to fix, according to new stats.

Ransomware is where all of a business’s data is encrypted and held for ransom by criminals. They demand a huge fee to release it.

And the number of ransomware attacks here is shooting up, according to local data security expert Cesar Avila, of AVLA.net.

“We’ve watched in horror as ransomware has become bigger and bigger in the past few years,” he said.

“It’s one of the hardest cyber-crimes to undo. And these new stats show that the criminals are getting greedier and demanding more cash.”

A threat intelligence team revealed the average payment following a ransomware attack last year went up 171% to $312,493. That is compared to $115,123 in 2019.

What makes ransomware so difficult to undo is that criminals spend weeks, often months, preparing an attack.

They get into a business’s systems and slowly, quietly make changes, before launching their attack. These changes make it very difficult for an IT security company to undo the damage.

Cesar added: “All businesses in South Florida need to be more aware of ransomware and ensure criminals can’t access their network.
“All it takes is one person to click one link in one bad email. And the damage can be done. Ransomware terrifies professionals like me, and it should terrify all business owners and managers round here.”

Cesar’s business AVLA.net was formed in 2007. It now looks after hundreds of businesses in the United States.

AVLA.net
1451 West Cypress Creek Road, Suite 3000
Fort Lauderdale FL 33309 U.S.A
Cesar Avila is available for further information and interview, on +1-954-380-5171

We are an IT solutions business based in South Florida, TRUSTED by businesses in the U.S. and overseas. Providing a variety of managed services from day-to-day user support, network administration, and IT consultancy.

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Cesar Avila is available for further information and interview, on 954-380-5171
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This release was published on openPR.