Organizations are stepping up their fight against ransomware and are increasingly resisting pressure to pay ransom demands.
NEW YORK, NEW YORK, US, November 17, 2023 /EINPresswire.com/ — Organizations have embarked on a more aggressive effort to combat ransomware, doubling down on a variety of continuous monitoring tools, incident response playbooks, backups and user education. More of them are also taking a tougher line when it comes to meeting ransom demands, according to 218 security and IT leaders and executives, practitioners, administrators, and compliance professionals surveyed by CyberRisk Alliance last month.
“[We implement] incident response training of the key players involved, continuous monitoring of the entire network along with dedicated user security training designed to establish a viable security culture,” one respondent said of his organization’s efforts. Said another: “[We have a] multi-pronged approach with outsourced MDR being the first point of contact. Annual reviews and hardening [are] implemented.”
Among the key findings:
• Organizations resist ransom demands: One in five experienced a ransomware attack in the last 24 months, but all ransom demands were refused.
• High confidence in ransomware defenses: Recommended security measures, like conducting routine backups and aggregating log activity, have boosted confidence in ransomware defenses.
• Added support from cyber insurance and business leadership: Cyber insurance policies and support from business leadership give security teams more leverage to combat ransomware demands.
• The double-edged sword of AI: AI is poised to disrupt the ransomware scene, giving attackers more ammunition while providing organizations a path to stronger defense.
The full research report is available for download here.
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