3 Reasons We Forget Small & Midsized Businesses Are Major Targets For Ransomware

The ransomware attacks that make headlines and steer conversations among cybersecurity professionals usually involve major ransoms, huge corporations and notorious hacking groups.

Kia Motors, Accenture, Acer, JBS…these companies were some of the largest to be compromised by ransomware in 2021. These were mainly hit with well-known variants, sometimes unleashed by state-backed hacking groups. But it’s key to understand that no “Top 10” list of ransomware incidents paints an accurate – or at least comprehensive – picture of the impact ransomware played over the last year.

That’s because, small businesses and not-for-profit organizations are often hit the hardest by ransomware. Here are a couple factors to consider that might help reframe how we think about ransomware, who’s targeted and why small businesses can’t escape the gaze of ransomware groups.