26
Apr
Report: Ransomware Is the New Normal. 52% Have Lost Faith in Antivirus and 44% Agree AV Is Dead
in Ransomeware
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A new report on malware says that the majority of companies globally have been victims of ransomware in the last 12 months.
52% Have Lost Faith in Antivirus and 44% Agree AV Is Dead
A new report says that ransomware attacks are the new normal for IT. There are a lot of numbers to chew on in the report, but the sheer enormity of the problem may be the most surprising result.
SentinelOne’s new Global Ransomware Report 2018 found that ransomware is now something that more than half (56%) of companies have faced in the past two months. That’s up from 48% who said the same thing in the firm’s 2017 report.And when it comes to being a ransomware victim, how you respond matters: 45% of US companies hit with a ransomware attack last year paid at least one ransom, but only 26% of these companies had their files unlocked. Companies paying the ransom were attacked again 73% of the time.
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.
Conclusion:
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.