Tough on Ransomware: Organizations Fighting Ransomware with Continuous Monitoring, IR Playbooks, Backups, and User Education

As ransomware gangs expand and Ransomware-as-a-Service (RaaS) operations continue to thrive, cybersecurity leaders are stuck navigating a volatile threat landscape.

In this threat landscape, organizations must continue to enhance their ransomware defenses and policies, recognizing both the progress made and the need to stay ahead of evolving threats. This includes adapting to the emergence of AI and new threat actors, which signal potential future challenges.

eSentire partnered with CyberRisk Alliance's Business Intelligence Unit to conduct a survey of 218 Security/IT leaders, executives, compliance and security administrative professionals to learn how organizations' are preparing to combat ransomware and what defenses they’re investing in.

Notable findings from this ransomware report include:

• 19% of respondents indicated their organization experienced a ransomware attack in the past 24 months.
• Backups were the top reason that 33% of respondents didn’t pay the ransom.
• 68% of organizations surveyed had a cyber insurance policy.

Download this ransomware report to learn about key findings from the survey and how security leaders are planning to defend against ransomware threats in 2024.

Originally published by CyberRisk Alliance Business Intelligence.