Security News > 2020 > June > Ransomware: Consumers would hold CEOs personally responsible for attacks

Based on a survey of 12,000 consumers across six different countries, the Veritas report found that 40% of consumers would hold CEOs personally responsible for ransomware breaches.
How organizations should handle ransomware threats is a matter of some inconsistency among consumers.
To retrieve data held hostage, consumers feel that $1,167 is the average ransomware price that organizations should pay per affected person.
To protect consumer data from ransomware attacks, 79% of the respondents said they expect companies to implement security software.
"The two most essential things that businesses should have in place, according to their customers, are protection software and backup copies of their data. Now, it seems, if businesses don't get these basics right, consumers are ready to punish their leadership."
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