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Feb 27, 2024

Lightning Never Strikes Twice? Ransomware Attackers Seen Regularly Repeating Previous Attacks

Posted by in categories: business, climatology, cybercrime/malcode

Cybersecurity company Cybereason reveals that the actual price of a ransomware attack on a business includes much more than the ransom itself.

When choosing whether to comply and pay the demanded ransom to cyber attackers, there are many different considerations to have in mind. The latest report by Cybereason reveals that only one in two victims who paid ransom actually got their data back uncorrupted, and four out of five were eventually breached again by the same attackers.

According to Cybernews, the company’s researchers went over 1,008 IT professionals who all dealt with breachers at least once in the past two years and found that 84% chose to pay the ransom, averaging $1.4 million in the US. However, only 47% got their data and services back uncorrupted, so this doesn’t appear to have been the optimal strategy.

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