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80% of Orgs That Paid the Ransom Were Hit Again, Report Finds

Published by Slashdot on Sat, 19 Jun 2021


Boston-headquartered security firm Cybereason's study has found that the majority of organizations that chose to pay ransom demands in the past were not immune to subsequent ransomware attacks, often by the same threat actors. From a report: In fact, 80% of organizations that paid the ransom were hit by a second attack, and almost half were hit by the same threat group. This study offers insight into the business impact of ransomware attacks across key industry verticals and reveals data that can be leveraged to improve ransomware defenses. For example, after an organization experienced a ransomware attack, the top two solutions implemented included security awareness training (48%) and security operations (48%). This research underscores that prevention is the best strategy for managing ransomware risk and ensuring your organization does not fall victim to a ransomware attack in the first place.Read more of this story at Slashdot.
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