9 in 10 Organizations Paid At the very least One Ransom Final 12 months

New evaluation of cyber assaults exhibits ransomware assaults are operating way more rampant than beforehand thought, with half of organizations blaming poor cyber hygiene.

After final yr’s stunning stat that 70% of organizations pay the ransom, it’s actually shocking to see that a fair larger share (91%) have paid a ransom not less than as soon as within the final 12 months – this in accordance with Extrahop’s 2024 World Cyber Confidence Index.

Solely 5% of organizations didn’t expertise a ransomware assault, whereas one-third of organizations skilled eleven or extra in a 12-month interval! And when it did occur, a shocking 75% of organizations paid the ransom half of the time!

It’s regarding to look at the prevalence of ransomware assaults throughout varied organizations, particularly contemplating that insufficient cyber hygiene practices contribute considerably to those safety dangers.

For roughly 50% of organizations, weak cyber hygiene is accountable for half of all cybersecurity incidents. These findings spotlight that no matter a corporation’s dimension, there’s a substantial connection between cyber incidents and the necessity for improved cyber hygiene practices, as illustrated under:

Useful resource: Extrahop

What’s shocking is that that is comparatively straightforward to deal with. Using continuous new-school safety consciousness coaching will assist to considerably cut back the danger customers introduce to the group via poor cyber habits and their interplay with malicious content material in e-mail and on the internet.

With so many organizations paying ransoms, it’s time to have a look at the price of stopping a ransomware assault within the first place versus paying one – if not half – of all of the ransoms demanded of your group. Options like safety consciousness coaching will cut back the danger – and the price – of ransomware assaults.

KnowBe4 empowers your workforce to make smarter safety selections each day. Over 65,000 organizations worldwide belief the KnowBe4 platform to strengthen their safety tradition and cut back human danger.