According to Veeam, the threat of ransomware remains persistent, with 85% of organizations experiencing at least one such attack in the last 12 months. 2023 Ransomware Trends Report.
If this trend continues, “more organizations will suffer from ransomware attacks than make money,” warns the report.
Veeam also found that in 93% of ransomware incidents, threat actors targeted backup repositories, resulting in 75% of victims losing at least some backups during the attack and 3% of backup repositories. More than 1 (39%) were also found to be missing. Completely lost.
This report showed that organizations are not yet ready to face this threat.
First, despite multiple ransom recommendations, most (80%) continue to pay the ransom. They mainly do this to get their data back, but 21% don’t even after paying the ransom.
Read more: Ransomware encryption rates reach new heights
Additionally, many of the respondents to Veeam’s survey acknowledged the need for progress in incident response. For example, while 87% claim to have a risk management program that drives their security roadmap, only 35% believe the program is working well and 52% We are looking for improvements in
Additionally, 60% of respondents cited “clean backup copies” and “repeated verification that backups are recoverable” as the most common elements of an incident response strategy for cyberattacks. of organizations report poor consistency between backups. and cyber team.
According to Danny Allan, CTO of Veeam, these findings show companies need to focus more on recovery planning. “We focused on the fundamentals such as strong security measures and testing of both original data and backups, ensuring the viability of backup solutions, and ensuring coordination between backup and cyber teams for a unified stance to ensure effectiveness. We need to focus on preparedness against typical ransomware,” he said.
Veeam’s findings 2023 Ransomware Trends Report This is according to a survey by independent market research firm Vanson Bourne of 1,200 IT leaders representing organizations of all sizes in 14 countries across Asia, Pacific, Japan, EMEA and the Americas. The report was presented at the online event VeeamON 2023, May 22-25, 2023, and opened to the public on May 24.
