Report: Ransomware Is the New Normal. 52% Have Lost Faith in Antivirus and 44% Agree AV Is Dead
Almost every company reporting an attack (97%) said that they had backups for the files affected by the ransomware, and 51% said backups and the ability to self-recover were their reason for not paying the ransom.
In short: Ransomware isn’t going away and it’s not slowing down. Ransomware is a multi-billion dollar business with the number of new ransomware variants continuing to grow quarter-over-quarter. Despite the many security offerings available, organizations continue to fall victim to ransomware attacks.