Ransomware was analyzed in a recent report by Enterprise Strategy Group (ESG). According to the report, 65% of organizations confirmed that ransomware is one of the top three threats to their viability. And for 13%, it is the biggest threat. The study surveyed information technology (IT) and cybersecurity professionals working within organizations across the United States and Western Europe.
According to the report’s findings, while ransomware attacks are sometimes kept private from the public, they are a common occurrence and represent both a significant and recurring source of business disruption. Among the 600 respondents, 16% of those whose organization had experienced a successful ransomware attack were able to fully recover all their data after the attack, while 84% lost data they were not able to recoup.