Refined Methodologies Of Ransomware Attacks
HelpNet Security, Wednesday, May 10,2023
May 19, 2023,
Volume 302, Issue 3
Adversaries were able to encrypt data in 76% of the ransomware attacks that were conducted against surveyed organizations, according to Sophos.
The survey also shows that when organizations paid a ransom to get their data decrypted, they ended up additionally doubling their recovery costs ($750,000 in recovery costs versus $375,000 for organizations that used backups to get data back). Moreover, paying the ransom usually meant longer recovery times, with 45% of those organizations that used backups recovering within a week, compared to 39% of those that paid the ransom.
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