Over 70% of organizations suffered two or more ransomware attacks in the past 12 months | #malware | #ransomware


Ransomware has become a popular means for cybercriminals to cash in on their activities. They use ransomware to encrypt companies’ essential data and ask to pay a ransom in return. If companies have not backed up their information, they must dig into their pockets to get it back.

According to the data presented by the Atlas VPN team based on a Veeam 2022 Ransomware Trends Report, 73% of organizations suffered two or more ransomware attacks in the past 12 months. The majority — 44% of ransomware infections entered through phishing emails, links, and websites.

In total, 35% of organizations experienced two ransomware attacks, nearly a quarter (24%) endured three, close to a fifth (9%) of companies had four, and 4% went through five. Meanwhile, 1% of organizations suffered six or more ransomware attacks in the past 12 months. The remaining 27% of organizations faced only one ransomware attack.

Paying the ransom does not guarantee data recovery

Ransomware will continue to be used in cyberattacks as long as businesses are willing to pay up, and they still are.

A whopping 76% of organizations affected by ransomware in the past twelve months went through with the ransom payment. However, nearly one in four (24%) companies still could not recover their data afterward.

On the positive side, nearly a fifth (19%) of companies that got their IT systems infected with ransomware in the past twelve months were able to recover their data without paying the ransom. Meanwhile, 5% were not asked to pay in the first place.

To read the full article, head over to:

https://atlasvpn.com/blog/over-70-of-organizations-suffered-two-or-more-ransomware-attacks-in-the-past-12-months

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