Make no mistake. Ransomware has evolved into an extremely profitable industry. In fact, it’s so much of a thriving market that ransomware attackers have become as organized and as methodical as the businesses they target.

According to Trustwave’s 2015 report, ransomware attacks have 1,425% return on investment with wealthier western countries paying more to regain access to their data and information.

As the Internet of Things (IoT) becomes more pervasive across organizations and enterprise, cybercriminals who have ransomware in their portfolio see IoT’s potential for untapped revenue streams as irresistible — a real boost to their bottom lines.

And why not? Most projections state that there will be more than 20 billion objects connected to the internet by 2020 with enterprise accounting for more than forty percent of all IoT connections.

If you’re in the ransomware business, IoT is critical to your business model. And chances are you’re taking it seriously.

If you’re an enterprise or organization leveraging IoT, it’s not just time to start taking ransomware seriously, it’s time to take proactive measures toward protecting yourself and your clients against all malware.

NOVAM’s Health Checks proactively mitigate IoT based malware attacks, including ransomware to enhance safety.

All users, devices, and applications are verified so that software packages and hardware components are uncompromised and unmodified by malware or other cyber threats across the entire boot chain and runtime.