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Only Half of Ransomware Victims Who Pay Ransoms Recover Their Data, Finds '2018 Cyberthreat Defense Report'CyberEdge Group, a premier research and marketing firm serving the security industry's top vendors, today announced immediate availability of its fifth annual Cyberthreat Defense Report. New this year, the report found that 55 percent of responding organizations were compromised by ransomware in 2017, down from 61 percent in 2016. However, respondents who were victimized by ransomware and who elected to pay the ransoms (customarily using Bitcoin) were asked if they successfully recovered their compromised data. Surprisingly, only half confirmed successful data recovery, while the other half acknowledged complete data loss. With 1,200 IT security decision makers and practitioners participating from 17 countries, six continents, and 19 industries, CyberEdge's Cyberthreat Defense Report is the most comprehensive study of security professionals' perceptions in the industry. This study provides a 360-degree view of organizations' security threats, current defenses, and planned investments. Key Findings The 2018 Cyberthreat Defense Report yielded dozens of additional insights into the challenges faced by IT security professionals today. Key findings include:
"The 2018 Cyberthreat Defense Report is the result of one of the few independent surveys of security practitioners. While many leading vendors provide their own research of the cybersecurity space, it is important to supplement their findings and conclusions with unbiased research and analysis such as the Cyberthreat Defense Report," said Richard Stiennon, chief research analyst at IT-Harvest. "The leveling off of the percent of respondents reporting breaches is a good sign, but at 77.2 percent, it is still very high and paints a picture of no end in sight for serious breaches in the coming years. I hope all security teams show this to their senior leadership." About the Cyberthreat Defense Report In November 2017, 1,200 IT security decision makers and practitioners completed a 27-question online survey. Each participant was employed by a commercial or government entity with a minimum of 500 employees. Participants stemmed from 19 industries and 17 countries across six geographic regions, as follows:
Winner of a 2017 Platinum MarCom Award for research excellence, the Cyberthreat Defense Report is designed to complement Verizon's (News - Alert) annual Data Breach Investigations Report, which evaluates the cyberthreat landscape and describes how threats are used to penetrate computer networks. This report assesses organizations' security posture, gauges perceptions about cyberthreats, and ascertains future plans for improving security and reducing risk. It provides deep insights into how IT security professionals perceive cyberthreats and what they're doing to defend against them. The 2018 Cyberthreat Defense Report was sponsored by several leading information security vendors, including:
Report Available Now The 2018 Cyberthreat Defense Report is available now through each of the above sponsors and by connecting to the CyberEdge Group website at http://www.cyber-edge.com/cdr. About CyberEdge Group CyberEdge Group is an award-winning research and marketing consulting firm serving the diverse needs of information security vendors and service providers. Headquartered in Annapolis, Maryland with three-dozen consultants based across North America, CyberEdge boasts more than 100 of the security industry's top vendors as clients. The company's annual Cyberthreat Defense Report provides information security decision makers and practitioners with practical, unbiased insight into how enterprises and government agencies defend their networks against today's complex cyberthreat landscape. For more information, visit www.cyber-edge.com. The CyberEdge Group name and logo are trademarks of CyberEdge Group, LLC in the United States and other countries. All other trademarks and service marks are the property of their respective owners. View source version on businesswire.com: http://www.businesswire.com/news/home/20180307005152/en/ |