Companies spending $6M on ransomware mitigation: Is it working?

A CBI and Ponemon Institute research report, based on a survey of IT and security professionals, takes a comprehensive look at companies’ ransomware strategies and mitigation tactics and the operational impact of incidents. Eighty percent of companies surveyed have experienced a ransomware attack, despite spending an average of $6 million annually on ransomware mitigation resources. Companies’ ransomware strategies and mitigation tactics Only 32% are confident in their security controls, indicating the need to use more … More →

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