Ransomware attacks spike by 140%, 57% of organizations agree to pay

Data studied by Atlas VPN reveals that blackmail and ransomware attacks spiked by 140% in 2019 in comparison to 2018.

  • 4 years ago Posted in
More and more companies agree to pay the ransom in exchange for the stolen information. In 2020, 57% of companies that suffered from a ransomware attack admitted paying the ransom to get their data back. Back in 2018, the number reached only 38%. 

 

Unfortunately, paying the ransom does not necessarily get you the stolen information back. This year’s survey revealed that only 66% of companies were able to retrieve the stolen data. 

 

Multiple surveys show that hiring a skilled cybersecurity agent helps to prevent ransomware attacks and other cyber incidents. On the matter, Rachel Welsh, the COO of Atlas VPN, comments: 

 

“Victimized companies should not be paying the ransom and should be focusing on preventative methods to ensure these attacks do not happen at all. Hiring a skilled risk professional or an ethical hacker is the best way to prevent any cyber incidents.” 

 

Lack of proper cybersecurity training for each employee, low security-awareness amid workers and gullible behavior are other common causes behind cyber threats.

Research shows ‘game needs to be changed,’ with security innovation years behind that of the...
73% of organizations lack automated patch management, and 62% experienced incidents involving...
Quest Software has signed a definitive agreement with Clearlake Capital Group, L.P. (together with...
Dell EMC PowerProtect Cyber Recovery for AWS provides a fast, easy-to-deploy public cloud vault to...
Aqua’s cloud native application protection platform becomes the only solution that protects cloud...
54% of organisations working on a security transformation project now or in the next 12 months.
Node4 has released its Mid-Market IT Priorities Report 2021. The independent report reveals that...
Zscaler Zero Trust exchange cloud-based architecture enables superior green security capabilities...