New Ransomware Report Shows Many Companies Alarmingly Unprepared

Our new 2017 Ransomware Report shows that companies and government agencies are overwhelmed by frequent, severe ransomware attacks, which have now become the #1 cyber threat to organizations.

This new ransomware study is based on a comprehensive online survey of over 500 cybersecurity professionals, providing insight into the latest ransomware trends and valuable guidance on addressing the evolving ransomware threat.

“In many respects, ransomware is a game changer. It is incredibly easy and inexpensive for cybercriminals to execute highly profitable attacks on a global scale,” said Holger Schulze, CEO and Founder of Cybersecurity Insiders. “Many organizations are alarmingly unprepared for the ransomware onslaught.”

Report highlights include:

  • Ransomware is the fastest growing security threat, perceived as a moderate or extreme threat by 80% of cybersecurity professionals. 75% of organizations affected by ransomware experienced up to five attacks in the last 12 months alone, 25% experienced 6 or more attacks. Only a small fraction of respondents say they would pay the ransom or negotiate with the attackers.
  • Email and web use represent the most common ransomware infection vectors with employees opening malicious email attachments (73%), responding to a phishing email (54%) or visiting a compromised website (28%). From a solution perspective, the majority of identified ransomware attacks were detected through endpoint security tools (83%), email and web gateways (64%), and intrusion detection systems (46%).
  • Security professionals rank user awareness training the most effective tactic to prevent and block ransomware (77%) followed by with endpoint security solutions (73%), and patching of operating systems (72%) as preventive approaches to ransomware threats. 51% are only slightly to moderately confident of their organization’s ransomware defense.
  • A majority of 54% say they could recover from a successful ransomware attack within a day, while 39% estimate it will take more than one day to a few weeks to recover. Speed of recovery is absolutely mission-critical as business cost escalates with every hour the business cannot fully operate.

The 2017 Ransomware Report was produced in partnership with leading cybersecurity vendors: AlienVault, Barkly, Bitdefender, Cybereason, D3 Security,, Forcepoint, IRONSCALES, Securonix, SentinelOne, TEHTRIS, Tenable, Vectra, and Veriato.

Download the full report here.



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