Ransomware Ready: Organizations Fight Back with More Aggressive Strategies & Technology

Ransomware attacks are on the rise and becoming increasingly sophisticated, yet many organizations remain vulnerable to these threats. If your organization is hit with a ransomware attack, you can potentially face significant consequences such as business disruption, legal/financial fines, loss of customer trust, and reputational damage.

It’s clear that there is a lot of work to be done for organizations to improve their readiness to respond to ransomware attacks and prevent business disruption.

In a survey conducted by eSentire and CyberRisk Alliance’s Business Intelligence Unit, 208 IT/Security leaders, executives, and compliance and security admin professionals shared their organizations’ current ransomware defense readiness and future plans for defending against ransomware.

Some notable findings from the survey include:

• 47% of survey respondents believe their organization is likely to suffer a ransomware attack in the next 12 months
• 23% of respondents reported their organization experienced one or more ransomware attacks in the past 12 months
• Respondents average Ransomware Readiness self-assessment score was 7.2 out of 10

Download this report to learn more about key takeaways from the research study and future challenges related to ransomware attacks.

Originally published by CyberRisk Alliance Business Intelligence.