Security News > 2022 > June > Why do organizations need to prioritize ransomware preparedness?

Hitachi Vantara and Enterprise Strategy Group announced the findings of a survey of more than 600 IT and cybersecurity professionals, which revealed that 79% respondents reported a ransomware attack at their company within the last year.

More troubling for organizations is the degree with which these attacks are successful.

"For businesses today, the key to combatting this growing threat is to deploy a comprehensive ransomware readiness strategy. Ransomware readiness is a team sport, bringing together IT, security, and data protection groups for a diverse collection of preparedness activities which includes hardware, software and services, as well as insurance, readiness testing, employee security awareness training, playbook development, penetration testing, and more."

Storage systems or cloud-based data account for 79% of impacted environments in successful ransomware attacks at 40% and 39%, respectively.

The leading point of compromise for attacks is application software vulnerability at 36%, with systems software, application user permissions, misconfigurations of external devices and email nearly equally splitting the remaining share.

"As a business leader, the most critical finding from this report is the discrepancy in potential value loss from a ransomware attack over other downtime events," said Tom Christensen, global technology advisor and executive analyst at Hitachi Vantara.

News URL

https://www.helpnetsecurity.com/2022/06/14/reported-ransomware-attack/