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Cyber Security

Most organizations would pay in the event of a ransomware attack

60 percent of organizations have admitted they would shell out funds in the event of an attack. One in five respondents said they would consider paying 20 percent or more of their company’s annual revenue. 80 percent of cybersecurity professionals reported placing more emphasis on protecting against ransomware threats. 74% of respondents found current solutions to be either ‘very’ or ‘somewhat’ sufficient in detecting, preventing, and mitigating attacks. Earlier this month, Japanese multinational conglomerate Fujifilm said it had refused to pay a ransom demand to the cyber gang.

Source: https://www.helpnetsecurity.com/2021/06/21/pay-ransomware-attack/

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