PayThink: Employee Training’s Not Enough to Stop Ransomware

“A ransomware attack can be a reputation killer. The institution’s reputation can contribute heavily to the bottom line. Every second of downtime means lost transactions. Every byte of data lost could impact key accounts.

“Fortunately, heavy compliance standards are ingrained in financial data security standards such as the Federal Financial Institutions Examination Council (FFIEC) standard. That said, companies can still be severely impacted by Ransomware if they don’t take a holistic approach of employee education, security, and data protection.”

Read the full PaymentsSource article by Unitrends CSO Bob Antia