Security News > 2022 > April > Nearly two-thirds of ransomware victims paid ransoms last year

A concerning number of ransomware victims have paid their attackers to retrieve their data or devices, according to CyberEdge Group's annual Cyberthreat Defense Report.

The 2022 edition features a survey of 1,200 IT security professionals and found that a whopping 63% of those suffering from ransomware attacks last year ended up compensating the malicious parties responsible for the attacks.

According to the Cyberthreat Defense Report, 71% of organizations were impacted by successful ransomware attack attempts last year, an increase of 55% from four years prior.

A portion of the report found that lack of skilled personnel was a major factor in failing to protect organizations from ransomware attacks, due to the Great Resignation.

Another circumstance businesses are dealing with is low security awareness among employees, a problem that has been felt over the last three years.

Investing in proper security software is one of the other methods brought forth by the report as tech like next-generation firewalls and advanced security analytics may be the key in preventing organizations from an incoming ransomware attack and could save enterprises significant headaches when thinking about keeping their systems safe.

News URL

https://www.techrepublic.com/article/nearly-two-thirds-of-ransomware-victims-paid-ransoms-last-year/