Ransomware Attacks Are Breaking Records in 2026: Is Your Business Prepared?

Cybercriminals are becoming more aggressive, ransomware groups are multiplying, and businesses of every size are increasingly finding themselves in the crosshairs.

Patrick Jensen - Owner of PC Good Guys

Patrick Jensen – Owner of PC Good Guys

If you believe your small business is too insignificant to attract the attention of cybercriminals, the latest ransomware statistics suggest it’s time to reconsider.

According to a recent report published by cybersecurity company Emsisoft, ransomware activity continued climbing during the third quarter of 2026, reaching alarming new levels.

For Minnesota businesses, these developments serve as an important reminder: cybersecurity is no longer optional. It’s an essential part of keeping your business operational.

At PC Good Guys, we help businesses throughout the Twin Cities protect their computers, networks, and critical information through professional IT support, proactive maintenance, and practical security solutions.

Ransomware Victims Reach Record Levels in 2026

One of the most concerning findings in Emsisoft’s latest report is the continued increase in publicly claimed ransomware victims.

During August 2026, ransomware extortion groups claimed approximately 1,200 victims worldwide, representing a new monthly high in the dataset analyzed by Emsisoft.

Even more troubling, these figures likely represent only a portion of the actual attacks taking place.

Many ransomware incidents never become public knowledge. Some organizations quietly restore their systems, while others negotiate with attackers without disclosing the incident.

Emsisoft’s figures are based on victim claims tracked through resources including RansomLook and Ransomware.live.

These are reported claims, not independently confirmed successful attacks in every case. Nevertheless, the upward trend illustrates the growing scale of the ransomware threat.

Why Should Small Businesses Care?

Cybercriminals don’t exclusively target large corporations.

Small businesses frequently have valuable information but lack the security resources available to larger organizations.

A successful ransomware attack can result in:

  • Encrypted business documents and customer records.
  • Disrupted accounting, billing, and payment systems.
  • Loss of access to email and shared files.
  • Exposure of confidential customer or employee information.
  • Expensive recovery efforts and operational downtime.
  • Damage to customer trust and business reputation.

For a small company with only a handful of employees, losing access to critical systems for several days can have serious financial consequences.

More Ransomware Groups Mean More Potential Attacks

Another significant finding from Emsisoft’s Q3 2026 analysis is the continued growth in the number of active ransomware groups.

When law enforcement disrupts one criminal organization, other groups often emerge to fill the gap.

Ransomware has evolved into an organized criminal industry, with some groups providing tools and infrastructure that enable affiliates to carry out attacks.

This business model is commonly called Ransomware-as-a-Service (RaaS).

Unfortunately, it lowers the technical barriers for criminals who want to participate in ransomware operations.

The result is an expanding threat landscape where organizations must defend against a growing number of attackers.

For business owners, the takeaway is straightforward: relying on basic antivirus software alone is not a comprehensive cybersecurity strategy.

Artificial Intelligence Introduces New Cybersecurity Concerns

Artificial intelligence is rapidly changing how businesses operate, but it is also creating new security challenges.

Emsisoft’s report discusses concerns involving autonomous AI agents, including research demonstrations in which AI systems exceeded intended operational boundaries.

While these experiments should not be confused with evidence that autonomous AI is routinely compromising businesses, they highlight the importance of controlling what automated systems can access.

For small businesses adopting AI-powered tools, security considerations should include:

  • Limiting access to sensitive business information.
  • Reviewing permissions granted to third-party applications.
  • Protecting employee and customer data.
  • Monitoring automated processes that interact with business systems.
  • Requiring appropriate human oversight for high-risk actions.

Businesses should also recognize that attackers may use AI-assisted techniques to create more convincing phishing emails, impersonation attempts, and fraudulent communications.

The Cybersecurity and Infrastructure Security Agency (CISA) provides guidance and resources to help organizations understand emerging cybersecurity risks.

Technology should make your business more productive, not introduce unnecessary security vulnerabilities.

Critical Infrastructure Attacks Highlight Growing Risks

Ransomware and cyberattacks aren’t limited to traditional office computers.

During the third quarter of 2026, attacks targeting municipal water, wastewater, and energy infrastructure raised additional concerns about vulnerable operational technology.

An FBI warning issued in July highlighted threats against internet-accessible programmable logic controllers, commonly called PLCs.

These devices help control industrial equipment and essential services.

Although most small businesses don’t operate industrial control systems, the underlying lesson applies to nearly every organization.

Any improperly secured device connected to the internet can become an entry point for attackers.

Business routers, firewalls, remote access systems, network storage devices, and other connected equipment require appropriate configuration and maintenance.

At PC Good Guys, we encourage business owners to take network security just as seriously as computer security.

Data Theft Is Becoming Just as Dangerous as Encryption

Traditional ransomware attacks typically involve criminals encrypting files and demanding payment to restore access.

However, modern ransomware operations frequently involve another serious threat: data extortion.

Attackers may steal confidential information before encrypting systems or, in some cases, steal information without deploying encryption at all.

They then threaten to publish or sell the stolen data unless the victim pays.

This creates significant risks for organizations that maintain:

  • Customer contact information.
  • Employee records.
  • Financial documents.
  • Contracts and confidential business communications.
  • Proprietary business information.

The activities of criminal groups such as ShinyHunters demonstrate how damaging stolen information can become.

Businesses should understand that maintaining backups, while essential, does not prevent stolen information from being exposed.

Protecting sensitive data requires multiple layers of security, including strong authentication, access controls, software updates, and employee awareness.

Seven Ways Minnesota Businesses Can Reduce Their Ransomware Risk

The good news is that businesses don’t need an enormous IT budget to make meaningful improvements to their cybersecurity.

Here are seven practical steps every business owner should consider.

1. Maintain Reliable, Tested Backups

Backups are one of the most important defenses against ransomware-related data loss.

Businesses should maintain multiple copies of critical information, including at least one backup that ransomware cannot easily access or modify.

Consider following the widely recommended 3-2-1 backup strategy:

  • Maintain three copies of important data.
  • Store copies on two different types of storage.
  • Keep at least one copy off-site.

Where practical, use offline or immutable backups for additional protection.

Most importantly, test your backups regularly to verify that your files can actually be restored.

2. Keep Computers and Software Updated

Outdated operating systems, applications, and network equipment can expose businesses to known security vulnerabilities.

Install security updates promptly and replace unsupported hardware or software when necessary.

This includes Windows computers, servers, firewalls, routers, and business applications.

3. Use Business-Grade Endpoint Protection

Traditional antivirus software remains useful, but modern threats often require additional capabilities.

Business-grade endpoint security solutions may include:

  • Real-time malware detection.
  • Ransomware behavior monitoring.
  • Centralized security management.
  • Endpoint Detection and Response (EDR).
  • Suspicious activity alerts and investigation tools.

The appropriate solution depends on your business environment, security requirements, and budget.

4. Enable Multifactor Authentication

Multifactor authentication (MFA) provides an additional layer of protection beyond passwords.

Even if criminals obtain an employee’s password, MFA can make unauthorized account access significantly more difficult.

Enable MFA wherever supported, especially for email, cloud storage, financial accounts, and remote access services.

5. Train Employees to Recognize Suspicious Activity

Employees remain an important part of your organization’s security defenses.

Cybercriminals commonly use fraudulent emails, malicious attachments, fake invoices, and deceptive websites to gain access to business systems.

Teach employees to verify unexpected requests, avoid suspicious links, and report unusual activity immediately.

The Federal Trade Commission’s cybersecurity resources for small businesses provide useful information for business owners and employees.

6. Secure Remote Access and Network Equipment

Remote access tools can be valuable for businesses, but improperly configured services can create significant vulnerabilities.

Review remote access permissions, disable unnecessary internet-facing services, and ensure firewalls are properly configured.

Avoid exposing Remote Desktop Protocol (RDP) directly to the public internet.

Use secure remote access solutions with MFA and appropriate access restrictions.

7. Establish a Cybersecurity Incident Response Plan

If ransomware strikes your business tomorrow, would your employees know what to do?

A basic incident response plan should identify:

  • Who employees should contact when suspicious activity occurs.
  • How affected systems should be isolated.
  • Where backup and recovery information is stored.
  • Who is responsible for communicating with customers.
  • When outside cybersecurity, legal, insurance, or law enforcement assistance may be necessary.

The NIST Cybersecurity Framework offers guidance that organizations of different sizes can use to improve cybersecurity planning.

Having a plan before an incident occurs can dramatically reduce confusion and unnecessary delays.

The Hidden Cost of Ransomware: Business Downtime

One of the most overlooked consequences of ransomware is lost productivity.

Imagine arriving at your office on Monday morning and discovering that your computers are inaccessible.

Your employees cannot retrieve customer information. Your accounting software is unavailable. Important documents are encrypted, and your email systems may be compromised.

Even if your data can eventually be restored, your business may experience significant disruption.

Consider the financial impact of paying employees who cannot perform their normal duties, missing customer deadlines, delaying invoices, and paying for emergency IT assistance.

For many small businesses, these operational costs can exceed the direct expense of repairing or replacing affected computers.

Preventive IT maintenance is generally far less disruptive than recovering from a major cybersecurity incident.

How PC Good Guys Helps Protect Twin Cities Businesses

At PC Good Guys, we understand that small businesses need dependable technology without the expense of maintaining a full-time internal IT department.

Our business IT support services can help organizations strengthen their technology environment through:

  • Business computer maintenance and troubleshooting.
  • Security software installation and configuration.
  • Network and firewall configuration.
  • Operating system and software updates.
  • Data backup planning and recovery assistance.
  • Remote and on-site technical support.
  • Hardware upgrades and replacement recommendations.
  • General cybersecurity best practices and risk reduction.

We also offer prepaid Block Labor Hour packages, helping businesses plan their IT support expenses while benefiting from discounted labor rates.

Rather than waiting until a computer failure or security incident disrupts operations, businesses can use prepaid support hours for maintenance, troubleshooting, updates, and other eligible technical services.

For small businesses without dedicated IT personnel, having an established relationship with a reliable technology provider can make a meaningful difference.

Don’t Wait Until Your Business Becomes Another Ransomware Statistic

The latest ransomware findings from Emsisoft reinforce an important reality: cybercriminals are not slowing down.

With more ransomware groups operating and publicly claimed victim counts reaching record levels, businesses should evaluate their cybersecurity defenses before an incident occurs.

No security solution can guarantee complete protection, but layered defenses, reliable backups, properly maintained systems, and employee awareness can substantially reduce risk.

Whether your business operates in Bloomington, Minnesota, Minneapolis, Saint Paul, or elsewhere in the Twin Cities metropolitan area, PC Good Guys is here to help you make informed decisions about your technology.

Protect your computers. Protect your data. Protect your business.

Contact PC Good Guys today to discuss your business IT support needs and learn how proactive computer maintenance can help reduce costly downtime.

PC Good Guys – Business IT Sales & Support

Phone: (651) 456-8655

Email: helpdesk@pcgoodguys.com

Website: https://pcgoodguys.com/

Source acknowledgment: This article draws on findings published in Emsisoft’s October 2026 report, The State of Ransomware in Q3 2026, with additional recommendations and commentary for small business owners.