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A global leader in innovative security solutions that defeat cyberattacks, recently released additional findings from its annual “State of Ransomware 2024” survey. According to the report, among organizations surveyed, 97% of those hit by ransomware over the past year engaged with law enforcement and/or official government bodies for help with the attack.
In addition, more than half (59%) of those organizations that did engage with law enforcement found the process easy or somewhat easy. Only 10% of those surveyed said the process was very difficult. Based on the survey, impacted organizations reached out to law enforcement and/or official government bodies for a range of assistance with ransomware attacks. Sixty-one per cent reported they had received advice on dealing with ransomware, while 60% received help investigating the attack. Fifty- eight per cent of those who had their data encrypted received help from law enforcement to recover their data from the ransomware attack.
Recent in-the-field findings from Sophos X-Ops' Active Adversary report highlighted the continued threat of ransomware to small and medium-sized businesses. Data from more than 150 incident response (IR) cases in 2023 found that ransomware was, for the fourth year running, the most frequently encountered attack type, occurring in 70% of IR cases Sophos X-Ops investigated.
Data for the State of Ransomware 2024 report comes from a vendor-agnostic survey of 5,000 cybersecurity/IT leaders conducted between January and February 2024. Respondents were based in 14 countries across the Americas, EMEA and Asia Pacific. Organizations surveyed had between 100 and 5,000 employees, and revenue ranged from less than $10 million to more than $5 billion.
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