Paying Ransom? Your Company Could Face $20 Million In Fines

Three seconds. That is how long it takes for ransomware to start encrypting the files on your PC or network. This split second can cause an immediate impact on your business, which can cause days, months or even up to a year of recovery. With ransomware attacks in the United States alone costing businesses over $7.5 billion in 2019 and with 62% of businesses reporting having dealt with an attack as of April 2020, it is no wonder the U.S Department of the Treasury is making it illegal for victims to continue pay ransoms to regain access to their data. Not only are they making it illegal, but your organization…