With an estimated 4,000 ransomware attacks occurring each day, according to a recent report by the U.S. Department of Justice, companies are now seeing this as a core threat to their critical corporate data. For those organizations unlucky enough to be hit with a ransomware attack may spend days, weeks, or even months trying to return to business as usual. Unfortunately, the problem isn’t likely to go away anytime soon. Ransomware has now become a sizable international business, and it’s estimated that the global cost for organizations will reach $5 billion by the end of 2017, up 400% from 2016 estimates. For businesses, these costs will continue to increase, with lost productivity, lost financial transactions, and, for those unable to recover their data, the lost value of the critical business information itself.
To better understand what impact ransomware has had on organizations, we surveyed over 800 IT professionals. We learned what effect ransomware has had on their business, how they have responded to breaches, and what their outlook is regarding the future of these types of malware attacks. Interested in discovering what we learned? Check out the survey highlights in the infographic below.
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