Tony Morbin reports:
New research on ransomware by Sophos reveals that the average total cost of an attack is US$ 133,000 (£94,000), including ransom, downtime, manpower, device cost, network cost, and lost opportunities – but for the top five percent most impacted organisations, costs were US$1.3 million to US$6.6 million (£900,000 to £4.7 million).
More than half of all organisations surveyed were hit by ransomware last year and on average they were struck twice. The research also showed that more than 50 percent of organisations do not have anti-exploit technology, which Sophos says means they are easy prey for data breaches and complex threats like WannaCry.
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