Source: JAM via Alamy Stock Photo
Robert Lemos Contributing Writer
April 28, 2022
Higher probabilities of attack, soaring ransoms, and less chance of getting data back — the ransomware plague gets worse, and cyber insurance fails to be a panacea.
When it comes to ransomware, more companies are seeing attacks and have had data encrypted, according to research out this week. And even though more companies are backing up or paying ransom demands, less data was recovered in 2021 compared with the previous year.
For instance, in its "State of Ransomware 2022" report, cybersecurity firm Sophos found that 66% of surveyed companies had encountered ransomware in 2021, with two-thirds of those firms — or 43% overall — suffering from an actual attack that encrypted data. In its previous report covering 2020, the frequency of successful attacks was much smaller, with about 20% overall resulting in encryption.
