Report: 90% of businesses hit by ransomware in 2022
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An annual survey by SpyCloud found that 90% of organizations have been affected by ransomware in the last twelve months, an alarming increase from 72.5% last year
To compile the 2022 Ransomware Defense Report, SpyCloud asked more than 300 people in active IT security roles at organizations in the US, UK and Canada with at least 500 employees to rate the threat of ransomware. ransomware, as well as the cyber readiness of their companies, over the past 12 months.
Their analyzes show that while companies have mobilized to strengthen their cybersecurity postures at all levels in the face of the growing threat of ransomware, criminals are becoming increasingly sophisticated, taking advantage of security vulnerabilities to carry out attacks .
Despite increased investment in cybersecurity, over the past year the relentless tide of ransomware has continued to disrupt operations and put business data at risk. Additionally, organizations were more likely than last year to be impacted more than once: 50% were impacted at least twice, 20.3% were impacted between 6 and 10 times, and 7.4% were attacked more than 10 times.
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The growing prevalence of repeat attacks is an indication that popular methods such as data backups –– which respondents considered their main countermeasure against ransomware –– still leave sensitive data exposed. Once an attack has taken place, recovering lost data does not prevent attackers from sharing it on the dark web, allowing criminals to use it for future nefarious activities, including their next attack.
>Malware preparedness is also a major gap in organizations' defenses. IT security teams face a near total lack of visibility into malware infections on unmanaged devices used to access apps or work accounts. According to 87% of respondents, reports of stolen credentials...
Couldn't attend Transform 2022? Check out all the summit sessions in our on-demand library now! Look here.
An annual survey by SpyCloud found that 90% of organizations have been affected by ransomware in the last twelve months, an alarming increase from 72.5% last year
To compile the 2022 Ransomware Defense Report, SpyCloud asked more than 300 people in active IT security roles at organizations in the US, UK and Canada with at least 500 employees to rate the threat of ransomware. ransomware, as well as the cyber readiness of their companies, over the past 12 months.
Their analyzes show that while companies have mobilized to strengthen their cybersecurity postures at all levels in the face of the growing threat of ransomware, criminals are becoming increasingly sophisticated, taking advantage of security vulnerabilities to carry out attacks .
Despite increased investment in cybersecurity, over the past year the relentless tide of ransomware has continued to disrupt operations and put business data at risk. Additionally, organizations were more likely than last year to be impacted more than once: 50% were impacted at least twice, 20.3% were impacted between 6 and 10 times, and 7.4% were attacked more than 10 times.
EventMetaBeat 2022
MetaBeat will bring together thought leaders to advise on how metaverse technology will transform the way all industries communicate and do business on October 4 in San Francisco, CA.
register here
The growing prevalence of repeat attacks is an indication that popular methods such as data backups –– which respondents considered their main countermeasure against ransomware –– still leave sensitive data exposed. Once an attack has taken place, recovering lost data does not prevent attackers from sharing it on the dark web, allowing criminals to use it for future nefarious activities, including their next attack.
>Malware preparedness is also a major gap in organizations' defenses. IT security teams face a near total lack of visibility into malware infections on unmanaged devices used to access apps or work accounts. According to 87% of respondents, reports of stolen credentials...
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