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posted by martyb on Friday August 05 2016, @08:20PM   Printer-friendly
from the offsite-and-offline-backups-FTW dept.

The threat of ransomware is becoming widespread among corporations, with almost half of U.S. businesses suffering an attack from the nasty form of malware recently, according to a new survey.

Security firm Malwarebytes sponsored the study, which found in June that 41 percent of U.S. businesses had at least encountered between one to five ransomware attacks in the previous 12 months.

Another 6 percent saw six or more attacks.

The study surveyed corporations in the U.S., Canada, U.K. and Germany to gauge how ransomware affected their operations.

The malware, which can infect a computer and take the data hostage, can be bad for business. Thirty-four percent of the victim corporations in the countries surveyed reported losing revenue because the ransomware had prevented access to important files.

U.S. businesses victimized by the malware generally didn’t suffer a heavy toll and only 6 percent of them reported losing revenue. In most cases, the malicious code only affected personal files.

[...] More amateur cybercriminals are probably indiscriminately spreading ransomware in the U.S. like spam, the survey added. Low-level ransom demands of up to $500 are prevalent in the U.S. However, high ransom demands of more than  $10,000 are more common in Germany.

Malwarebytes sponsored Osterman Research to conduct the study by surveying 540 CIOs, CISOs and IT directors across the four countries.

What steps has your company taken to protect against ransomware? Is it enough? What about your personal system(s)?


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  • (Score: 2) by Open4D on Friday August 05 2016, @11:40PM

    by Open4D (371) on Friday August 05 2016, @11:40PM (#384654) Journal

    I tend to think it should be mandatory for corporations to report most/all crimes committed against them. For minor things like untargeted malware it would give much more accurate data. And for major things like targeted DDOS blackmail, it would work against the serious social problem of corporations being incentivized to just give money to the crooks so as to avoid bad publicity.

    (I am not an expert, so I don't know what's already in place. I guess reporting data protection failures, at least, probably already is mandatory.)

    Obviously, for the minor crimes, there would need to be a very lightweight reporting process.

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