Ransomware made headlines in 2017 with the onset of attacks like WannaCry. But, even though we’ve seen fewer high-profile attacks in 2018, the ransomware threat has far from diminished.
Ransomware is still a big problem for business
- The number of ransomware attacks worldwide rose by 350% in 2017
- 81% of cybersecurity experts believe there will be more ransomware attacks in 2018 than in the previous year
- The number of new ransomware variants grew by 46% in the last year
- By the end of 2019, one business will experience a ransomware attack every 14 seconds
The most costly form of malware
- The global cost of ransomware attacks is predicted to reach US$11.5 billion by 2019
- Businesses lose more than US$8,000 per hour due to ransomware-induced downtime
A silver lining?
- Some research showed ransomware attacks made up less than 5% of all malware attacks at the beginning of 2018
- 75% of ransomware detected was from just two families, suggesting criminals are losing interest in other types of ransomware.
You can’t afford complacency
Though the ransomware landscape is evolving, the threat remains serious for businesses across the globe. Download our business guide to ransomware and protect your business before it’s too late: pensar.co.uk/business-guide-to-ransomware.