The survey found that ransomware still remains the most common cyber threat to Small and Medium sized Business (SMB), with 60% of Managed Service Providers (third party IT guys) reporting that their SMB clients have been hit as of Q3 2020. The impact of such attacks keeps growing: the average cost of downtime is now 94% greater than in 2019, and nearly six times higher than it was in 2018 increasing from $46,800 to $274,200 over the past two years, according to Datto’s research. Phishing, poor user practices, and lack…
