Only 38% of Security Professionals Confident About Ransomware Recovery

Only 38% of Security Professionals Confident About Ransomware Recovery

March 29, 2016         Written By John H. Oldshue

Only 38% of security professionals are “very confident” their company could recover from a ransomware infection without losing critical data, according to a new study by Tripwire.

The Blue Coat Systems’ 2015 Mobile Malware Report found ransomware to be the top threat to mobile devices, and it has recently begun to infect Apple computers. Many security firms believe hackers previously associated with the Chinese government may be behind many of these attacks.

Cyber criminals have also started incorporating phishing into ransomware campaigns. One such attack was recently discovered by Symantec. Cybercriminals attempted to trick Visa credit card holders into downloading ransomware by sending a fake reward email.

The survey, which questioned 200 security professionals at the RSA Conference 2016, also found:

  • 73% believe critical infrastructure providers are the most vulnerable to ransomware attacks.
  • 52% said they are not confident their company’s executives could identify a phishing scam.
  • 58% have seen an increase in spear fishing over the past year.

“The decision to pay a ransom comes down to the confidence and financial cost of recreating or restoring data from a previous backup,” said Travis Smith, senior security researcher for Tripwire. “Since most ransomware samples we have seen have a time limit to pay, it’s important to have confidence that you can restore the majority of data on short notice. Organizations should focus on improving backup and restoration procedures to reduce the cost of restoring data and services after a potential breach.”



The information contained within this article was accurate as of March 29, 2016. For up-to-date
information on any of the terms, cards or offers mentioned above, visit the issuer's website.


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About John H. Oldshue

John Oldshue is the creator of LowCards.com. He worked for over 15 years in television and won an Emmy award for his reporting. He covers credit card rate issues for LowCards.com.
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