Report: 88% of business leaders would pay the ransom if hit by a cyberattack

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According to a new Kaspersky report, 88% of organizations worldwide were previously attacked by ransomware, and business leaders would choose to pay a ransom if faced with a second attack. Of the companies that paid ransom in the past, 97% were willing to do it again. Of the organizations that are yet to be victimized, only 67% will be willing to pay.

Companies that have been hit in the past were more likely to pay as soon as possible to gain immediate access to their data (33%, compared to 15% of companies that have never been a victim), or to pay after a few days of failed decryption. Efforts (30% vs. 19%).

Nearly two-thirds (64%) of companies said they had experienced a ransomware attack, and 66% said they assumed it would happen at some point. Or cyber-espionage.

Twelve graphs. "Which of these actions would be taken if a ransomware attack on your organization occurs again?" Complete results can be found in the copy.

Experts urge victims never to pay ransom, as it does not guarantee that you will get your data back and encourages criminals to continue their business. Instead, they recommend that local law enforcement take preventive measures, including reporting incidents as well as setting up offline backups, keeping software up-to-date on all corporate devices, enabling ransomware protection at all endpoints, and focusing on defense strategies for sideways movement and data detection. doing. Dissolution on the Internet.

Kaspersky surveyed 900 people in April 2022 across senior non-IT management (such as CEO, VP and director level) and mid-sized business owners or partners across North America, South America, Africa, Russia, Europe and Asia-Pacific. Companies and enterprises (50-1000 employees).

Read the full report by Kaspersky.

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