Ransomware is no longer a problem that only large enterprises need to worry about. Over the past two years, criminal groups have shifted a significant portion of their attacks toward small and mid-sized businesses because they represent an attractive combination: real money to pay a ransom, and security postures that are much easier to penetrate than what a large enterprise maintains.

Why Small Businesses Are Being Targeted

Attackers have built automated tools that scan continuously for common vulnerabilities — unpatched systems, exposed remote desktop services, weak credentials on internet-facing applications. When a business is identified as a potential target, the attacker is often inside the network before any human has reviewed the initial access.

Key statistic: 68 percent of ransomware attacks in 2024 targeted businesses with fewer than 250 employees. The average total cost of an incident — including downtime, recovery, ransom payment, and remediation — was $1.85 million.

How a Ransomware Attack Actually Works

Most businesses assume ransomware is primarily an email problem. That is one entry point, but it is far from the only one, and it is not how the most damaging attacks typically operate.

Initial Access

Attackers get in through phishing emails, exposed Remote Desktop Protocol endpoints with weak credentials, and unpatched vulnerabilities in VPNs, firewalls, and web applications.

Persistence and Lateral Movement

Ransomware operators typically spend days or weeks inside a network before deploying the payload. During that time they are escalating privileges, identifying backup systems, and mapping the network. When ransomware finally executes, it targets the systems that will cause the most disruption — and the backup infrastructure first, if accessible.

Encryption and Extortion

Files are encrypted, systems become unavailable, and a ransom note appears. Increasingly, attackers also exfiltrate data before encrypting it — a tactic called double extortion that creates pressure even for businesses that have backups.

What an Effective Defense Looks Like

Managed Detection and Response

Platforms like Huntress actively hunt for attacker behavior that automated tools miss — persistence mechanisms, credential harvesting tools, and lateral movement indicators that appear days or weeks before ransomware executes. This is the control that catches attackers during the dwell period, before they reach the point of deployment.

Patch Management

A significant percentage of ransomware attacks exploit known vulnerabilities for which patches were already available. Regular, systematic patching of operating systems, applications, and network devices closes the doors attackers are actively scanning for.

Multi-Factor Authentication

Enforcing MFA on all remote access, email, and administrative accounts significantly limits what an attacker can do with stolen credentials.

Tested Backups

A backup that has never been tested is not a backup. You need recent, tested, and ideally immutable backups stored separately from your primary environment. Attackers specifically target accessible backup systems.

Email Security

DMARC, DKIM, and SPF configuration prevents attackers from spoofing your domain. Email filtering that scans attachments and links in real time reduces the likelihood a phishing email reaches your users in the first place.

Taking the Next Step

If you are not confident about your current security posture, the right starting point is an honest assessment of where the gaps are. Pal Forge IT offers a free IT and security assessment — no obligation attached.