Crossword Cybersecurity said it has launched a new ransomware readiness assessment service that provides detailed assessments of areas requiring protection and recommends responses to attacks.
According to AIM-listed Crossword some 78% of companies faced a ransomware attack in 2021 where malware was used to deny a user or organisation access to files on their computer, of which 68% were successful.
These successful ransomware attacks almost always result in a significant portion of an organisation's data being stolen, Crossword added, causing reputational damage, a long-term loss of productivity during systems recovery, rising insurance premiums and an estimated 80% chance of a repeat attack.
Stuart Jubb, group managing director, added: "The true cost of a ransomware attack is far-reaching, and it is simply not enough to rely on your technical infrastructure as a means of defence.
“The ability and speed of response to a ransomware attack is critical.
“It must be methodical, proactive and unemotional. Crossword's Ransomware Readiness Assessment service helps organisations test the processes they have in place, achieve a cybersecurity stance that mitigates risks and gives them the tools to act when faced with an attack."