Security News > 2020 > November > 56% of organizations faced a ransomware attack, many paid the ransom

56% of organizations faced a ransomware attack, many paid the ransom
2020-11-20 05:30

Survey data indicates ransomware attacks have proven to be especially effective, as 56% of organizations surveyed have suffered a ransomware attack in the last year.

The COVID-19 pandemic catalyzed increasing concerns around ransomware attacks, with many organizations resorting to paying the ransom.

The global attitude shifts from a question of if an organization will experience a ransomware attack to a matter of when an organization will inevitably pay a ransom.

As growing international tensions and the global election year have created a nesting ground for increased nation-state activity, organizations are under increased pressure to resume operations despite the increased value of intellectual property and vulnerabilities caused by COVID-19.

"This year has been especially challenging for organizations of all sizes around the world, with both the proliferation of ransomware and growing tensions from nation-state actors posing a massive threat to regions worldwide," said Michael Sentonas, CTO, CrowdStrike.


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