Sign In

Communications of the ACM

ACM News

Most Firms Face 2nd Ransomware Attack after Paying Off 1st


View as: Print Mobile App Share: Send by email Share on reddit Share on StumbleUpon Share on Hacker News Share on Tweeter Share on Facebook
A ransomware warning screen.

A new survey found the majority of businesses that choose to pay to regain access to their encrypted systems experience a subsequent ransomware attack.

Credit: threatpost.com

The majority of businesses that choose to pay to regain access to their encrypted systems experience a subsequent ransomware attack. And almost half of those that pay up say some or all their data retrieved were corrupted.

Some 80% of organisations that paid ransom demands experienced a second attack, of which 46% believed the subsequent ransomware to be caused by the same hackers. Amongst those that paid to regain access to their systems, 46% said at least some of their data was corrupted, according to a Cybereason survey released Wednesday. Conducted by Censuswide, the study polled 1,263 security professionals in seven markets worldwide, including 100 in Singapore, as well as respondents in Germany, France, the US, and UK. 

Globally, 51% retrieved their encrypted systems without any data loss, while 3% said they did not regain access to any encrypted data. The report revealed that one particular organisation reportedly paid up a ransomware amount in the millions of dollars, only to be targeted for a second attack by the same attackers within a fortnight.

From ZDNet
View Full Article

 


 

No entries found

Sign In for Full Access
» Forgot Password? » Create an ACM Web Account