- A new global study found 96% of U.S. businesses surveyed are not confident in their ability to prevent a ransomware attack.
- Businesses in Canada, Germany and the U.K. all had higher levels of confidence in their ability to prevent ransomware than U.S.-based businesses, according to the study.
- The report also found healthcare and financial services are the most heavily targeted industries for ransomware.
The report, sponsored by Malwarebytes and conducted by Osterman Research, surveyed 540 IT decision makers in the U.S., U.K., Canada and Germany. Globally, nearly 80% of the organizations suffered a cyberattack in the last 12 months and almost 50% underwent a ransomware attack.
And the effects on businesses are real. Malware attacks caused 34% of businesses to lose revenue and 20% said they had to close down business immediately, according to the report.
"Ransomware has quickly become a clear and present danger to businesses, regardless of size, industry or geographic location," said Marcin Kleczynski, CEO of Malwarebytes, in a statement. "It’s shocking to see how many business endpoints are now getting hit by ransomware attacks, locking companies out of user files and data."
Instances of ransomware in exploit kits increased 259% in the last five months, according to Malwarebytes.
Despite warnings, businesses still appear to be giving in. Globally, nearly 40% of ransomware victims paid the ransom. The FBI recently advised companies that become victims of a ransomware attack not to pay because it only encourages the hackers.