Characterize: 60% of U.S. infosec consultants imagine ransomware is as serious as terrorism

In step with a newest see by Venafi, ransomware attacks spiked by 250% within the fundamental half of of 2021 alone. By the quit of 2021, it’s estimated that every 11 seconds, an organization will likely be hit with a ransomware attack. These rising threats ended in almost two-thirds of security decision makers (60%) declaring that ransomware must be prioritized on the identical level as terrorism, echoing the U.S. Department of Justice’s overview following the Colonial Pipeline attack earlier this 300 and sixty five days.

The see explores how infosec management is responding to snappy rising ransomware threats. Their responses are vital pondering about two-thirds (67%) of respondents from organizations with 500+ employees reported a ransomware attack final 300 and sixty five days — a number that rises to 80% for respondents from organizations with 3,000-4,999 employees.

The see additionally realized nearly 1 in 10 (8%) companies that suffered a ransomware attack within the final 300 and sixty five days paid the ransom. On the flip aspect, 22% of those surveyed imagine it is some distance morally immoral to pay a ransom even though the attack significantly compromises vital industry files or systems. Alternatively, the document reveals that of of us that might perhaps perhaps pay a ransom, 57% of respondents would reverse that call within the event that they were required to document the cost publicly.

And, while most organizations like extra than one security controls in negate that abet detect and restrict the impact of a ransomware attack, loads of those security controls are now not optimized for new network infrastructure. Digitally remodeled networks require a brand contemporary methodology to security, similar to the utilization of “built-in” security controls that ruin the ransomware abolish chain early within the attack cycle. Of the safety controls respondents document utilizing, handiest three match these criteria: interior code signing, proscribing macros, and proscribing PowerShell scripts. Yet these three controls like the bottom adoption charges, in step with the seek for.

Larger than three quarters (77%) of the organizations are dedicated to rising their use on ransomware security over the next 12 months. Given the rising risks, it’s extra fundamental than ever that organizations shift their funding suggestions to home ransomware protection designed for new networks.

Recordsdata from the see was compiled from the responses of over 1,500 IT security officers.

Learn the stout document by Venafi.