eManaged Pty Ltd Blog

In a recent joint advisory from the FBI and CISA, the Medusa ransomware group was officially flagged as a rising threat to businesses, schools, and critical infrastructure. What makes this announcement even more alarming isn’t just the complexity of the attacks—it’s how accessible ransomware is becoming thanks to AI.

Here’s a wake-up call for small businesses: cybercrime is costing Australian businesses billions every year—and small businesses are taking the biggest hit. According to the Victorian Chamber of Commerce, more than 60% of cybercrime victims are small businesses, and the average attack costs $39,000 in downtime and recovery.

That’s not just a hit to your bottom line—it’s a threat to your survival. If you’re running lean and stretched thin, losing $39K isn’t just painful—it’s game over.

The password isn’t nearly as secure as it used to be. Hackers have begun to take advantage of extremely powerful solutions designed to brute force their way into accounts by using software to rapidly guessing thousands of passwords per second, making it extraordinarily difficult to prepare yourself for them.

What’s the best way to guarantee that passwords aren’t going to be the downfall of your company? A great start is by taking a close look at password best practices and two-factor authentication.