CyberEdge: Ransomware Affected 61% of Organizations

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If you want more proof that ransomware is now a rampant problem, you should know that 61% of organizations were found to have been compromised by ransomware in 2016.

CyberEdge Group released its latest Cyberthreat Defense Report https://cyber-edge.com/cdr/ and, following its surveys, said that a huge number of organizations were affected by ransomware last year. Of those affected, 54% managed to get their data back without paying the ransom, while another 33% chose to pay the ransom to recover their info. Another 13% refused to pay and lost the data as a consequence.

Other findings detailed in the report indicate that the number of network breaches is rising, while one of the biggest security risk for any organization is posed by under-trained employees. Thankfully, however, organizations are starting to invest more in security so we might see a more even fight in the years to come.

The number of cyberattacks is also on ... (read more)

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