

Some 35% of respondents who paid a ransom said they shelled out between $350,000 and $1.4 million, while 7% paid more than $1.4 million. Ransomware impactįirst on the list of pain points is the actual ransom paid to an attacker. The survey was designed to examine the business impact of ransomware, the latest trends in ransomware, and the shortcomings in ransomware preparedness among organizations. “ Ransomware: The True Cost to Business” was based on a survey of 1,263 cybersecurity professionals conducted by Censuswide in April of 2021 on behalf of Cybereason. Security incident response: Critical steps for cyberattack recovery (TechRepublic Premium) The 10 best antivirus products you should consider for your businessĨ enterprise password managers and the companies that will love them SEE: Infographic: The 5 phases of a ransomware attack (TechRepublic) Must-read security coverage
ANY CASES OF APPLE RANSOMWARE HOW TO
A report released Wednesday by cybersecurity firm Cybereason looks at the different effects of a ransomware attack and offers advice on how to protect yourself from an attack in the first place.

But such an attack can also have longer lasting and far wider consequences. Ransomware attacks can devastate an organization in obvious ways, most notably by preventing it and its customers or users from accessing critical data and resources.

Loss of revenue, brand and reputation damage, employee layoffs and business closures were some of the effects of a ransomware attack, according to Cybereason. The many ways a ransomware attack can hurt your organization
