There is no denying it – ransomware has become a significant threat for many companies and computer users.
Now a new study by security firm Tripwire suggests that a worrying small number of companies believe that they will be able to totally recover from a ransomware infection.
The company asked 200 security professionals attending the RSA 2016 conference in San Francisco about how confident they would feel that they could recover after losing critical data following a ransomware infection.
Only 38% of businesses questioned said that they were “very confident” that they could fully recover after such an attack. 49% related that they would be “somewhat confident”, and a worrying 13% admitted that they were not confident at all that recovery would be possible.
With the current spate of ransomware attacks, that’s a frightening statistic. And it suggests that many companies are not following the best practice steps required to reduce the chances of infection, and increase the likelihood of successful recovery if ransomware does manage to attack their systems.
The implication of this study is that more businesses and organisations might find themselves making the hard-to-swallow decision to actually pay the extortionists who infected their systems and encrypted their data, rather than simply recover lost data from a secure backup.
I’m sure nobody likes the idea of online criminals making millions out of ransomware attacks, extorting huge amounts of money out of poorly-prepared individuals and companies. If you don’t want your company to be the next ransomware casualty find out the simple ways to reduce the threat and make it your mission today to start doing secure, easy-to-restore, backups of your company critical data.
Because the advice of “just pay the ransom” leaves all of us who use the internet at greater risk of future attacks.