Secretary of Homeland Security Alejandro Mayorkas
About 50% to 70% of all ransomware attacks in the U.S. are targeting small and medium-sized businesses, costing the victims an estimated total of $350 million in the last year, Secretary of Homeland Security Alejandro Mayorkas said Wednesday in a speech to the U.S. Chamber of Commerce.
"The losses from ransomware are staggering. And the pace at which those losses are being realized is equally staggering," Mayorkas said, noting this is why DHS has made battling ransomware a priority.
DHS, through the U.S. Cybersecurity and Infrastructure Security Agency and the Secret Service, offers tools and educational programs that small businesses can access to help them better defend themselves from ransomware attacks - and more resources are on the way, Mayorkas said.