Report: 88% of business leaders will pay a ransom in the event of a cyber attack

According to a new report KasperskyBusiness leaders in 88% of organizations worldwide previously attacked by ransomware pay the ransom when faced with another attack. In the past, 97% of companies that paid the ransom were willing to do it again. Among organizations that are not yet victims, only 67% are willing to pay.

In the past, hacked companies were more likely to pay as soon as possible to gain immediate access to their data (33% compared to 15% of companies that never suffered) or to pay only after a few days of failed encryption. attempts (30% vs. 19%).

Almost two-thirds (64%) of companies said they had experience ransomware attacksand 66% said they expected it to happen someday, and considered it more common than other common types of attacks, such as DDoS, supply chain, and APT. cryptocurrency or cyber-espionage.

Experts urge victims to never pay a ransom, as this does not guarantee that you will get your information back and encourages criminals to continue their business. Instead, they recommend that local law enforcement report incidents, as well as take preventive measures, including offline backups, software updates on all corporate devices, ransomware protection at all endpoints, and focusing defense strategies on detection of lateral actions and data. is. leak to the internet.

Kaspersky surveyed 900 respondents across North America, South America, Africa, Russia, Europe and the Asia-Pacific region in April 2022 for high-level non-IT management (such as CEO, VP and Director level) and mid-level business owners or conducted a survey among partners. large companies and enterprises (50-1000 employees).

read on full report By Kaspersky.