Email Still the Major Cause of Ransomware
Posted by: Timothy Weaver on 06/14/2017 04:17 PM
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A new survey finds that 76% of businesses suffer ransomware due to phishing emails.
Hatem Naguib, senior vice president and general manager for the security business at Barracuda, said: “Whether you are a mid-sized business with limited staff and resources, or a 10,000-employee organization with a dedicated security team and budget—we are all feeling the impact of these attacks.”
More than half (56%) of those questioned admitted that they had been the target of attacks. The average of attacks is five times, however, 43% were targeted more than five times. An earlier survey showed that 47%, of respondents had been a victim of ransomware already.
As to the effects of an attack, 21% reported that they had to temporarily close their business while 17% complained about the loss of customers.
Larger companies have larger security budgets, right? They do, but: “Having a sizable security budget isn’t enough to make you immune,” said Naguib. “After all, it doesn’t really matter how much money there is in the budget when the majority of threats are still infiltrating organizations via email. This point brings us back to the very important notion that the most effective security plans include a combination of people and technology.”
Source: Info Security
Hatem Naguib, senior vice president and general manager for the security business at Barracuda, said: “Whether you are a mid-sized business with limited staff and resources, or a 10,000-employee organization with a dedicated security team and budget—we are all feeling the impact of these attacks.”More than half (56%) of those questioned admitted that they had been the target of attacks. The average of attacks is five times, however, 43% were targeted more than five times. An earlier survey showed that 47%, of respondents had been a victim of ransomware already.
As to the effects of an attack, 21% reported that they had to temporarily close their business while 17% complained about the loss of customers.
Larger companies have larger security budgets, right? They do, but: “Having a sizable security budget isn’t enough to make you immune,” said Naguib. “After all, it doesn’t really matter how much money there is in the budget when the majority of threats are still infiltrating organizations via email. This point brings us back to the very important notion that the most effective security plans include a combination of people and technology.”
Source: Info Security
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