Ransomware 2017 Report

A report by Cybersecurity Insiders and Information Security, LinkedIn Group Partner

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Ransomware attacks, in which hackers encrypt an organization’s vital data until a ransom is paid, have become a billion dollar cybercrime industry according to the FBI. Ransomware is now widely seen as the single biggest cybersecurity threat to both business and government organizations.

In this report conducted by Crowd Research Partners reveals the latest ransomware trends, and provide valuable guidance on effectively addressing the ransomware threat.

Key survey findings include:

  • Ransomware is the fastest growing security threat, perceived as a moderate or extreme threat by 80% of cybersecurity professionals.
  • Email and web use represent the most common ransomware infection vectors
  • Security professionals rank user awareness training the most effective tactic to prevent and block ransomware
  • Speed of recovery is absolutely mission-critical as business cost escalates with every hour the business cannot fully operate

“Through 2020, 80% of cloud breaches will be due to customer misconfiguration, mismanaged credentials or insider theft, not cloud provider vulnerabilities.”

-Gartner, Best Practices for Securing Workloads in Amazon Web Services, April 2015, FOUNDATIONAL December 2015

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