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More than half of ransomware victims hit at least twice

Posted on January 30, 2018 by Dissent

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.

Read more on SC Magazine.


Related:

  • Two more entities have folded after ransomware attacks
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  • Authorities released free decryptor for Phobos and 8base ransomware
  • Armenian National Extradited to the United States Faces Federal Charges for Ransomware Extortion Conspiracy
  • Police disrupt “Diskstation” ransomware gang attacking NAS devices
  • Ransomware in Italy, strike at the Diskstation gang: hacker group leader arrested in Milan
Category: Malware

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