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Home > Cybersecurity > 80% of organizations have been attacked by ransomware

80% of organizations have been attacked by ransomware

Mimecast research shows that 80% of organizations have been targeted and experienced an average of 3,000 attacks in the last two years.

Erdem Yasar by Erdem Yasar
November 10, 2021
in Cybersecurity
2 min read
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80% of organizations have been attacked by ransomware
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Email security and cyber resilience company Mimecast Limited announced the results of its new survey with a report, « State of Ransomware Readiness: Facing the Reality Gap ». The results show the dramatic in rice ransomware attacks. Ransomware attacks target all organizations while large enterprises experience an average of 10,000 attacks in the last two years.

10,000 attacks in two years

Mimecast’s research is based on a survey that includes answers from 742 global cybersecurity professionals. According to the report:

  • Respondents cited phishing emails with ransomware attachments (54%), web security (47%), and phishing emails leading to a drive-by download (45%) as primary sources of ransomware attacks.
  • Only 45% reported they have file backups that would allow them to avoid having to pay the ransom, or to mitigate damage from an attack
  • 45% would like the budget to fund more up-to-date data security systems
  • 46% of executives want more frequent security awareness training for end-users
  • 40% of respondents want greater sharing of threat data

The results also show that 80% of organizations have been targeted by ransomware attacks. These organizations experienced approximately 3,000 attacks during the last two years. According to the survey results, 77% of executives are confident in their preparedness against these kinds of attacks. Other findings are:

  • 83% of executives believe they can get all their data back without paying the ransom
  • Directly contradicts the fact that 39% of organizations paid the ransom
  • 77% of executives believe they can bring their company back to a state of normalcy within two to five days
  • 78% have received an incremental budget to help address the ransomware problem
  • 60% of organizations train their employees to recognize email threats that could lead to an attack

Negotiating with the cybercriminals

Jonathan Miles, head of strategic intelligence & security research at Mimecast
Jonathan Miles, head of strategic intelligence & security research at Mimecast

41% of the executives who participated in the survey stated that they didn’t pay the ransom while 39% agreed to pay and 13% of executives negotiated their payments down. 

  • Australia – $59,066
  • Canada – $5,347,508
  • Germany – $197,727
  • South Africa – $213,884
  • United Kingdom – $848, 377
  • United States – $6,312,190

Jonathan Miles, head of strategic intelligence & security research at Mimecast said,

« Ransomware attacks have never been more common, and threat actors are improving each day in terms of their sophistication and ease of deployment. Preparation is key in combating these attacks. It’s great to see cybersecurity leaders feel prepared, but they must continue to be proactive and work to improve processes. This report clearly shows ransomware attacks pay, which gives cybercriminals no incentive to slow down. »

See more Cyber Security News


Tags: Mimecast
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Erdem Yasar

Erdem Yasar

Erdem Yasar is a news editor at Cloud7 News. Erdem started his career by writing video game reviews in 2007 for PC World magazine while he was studying computer engineering. In the following years, he focused on software development with various programming languages. After his graduation, he continued to work as an editor for several major tech-related websites and magazines. During the 2010s, Erdem Yasar shifted his focus to cloud computing, hosting, and data centers as they were becoming more popular topics in the tech industry. Erdem Yasar also worked with various industry-leading tech companies as a content creator by writing blog posts and other articles. Prior to his role at Cloud7 News, Erdem was the managing editor of T3 Magazine.

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