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Report: Ransomware Recovery Cost Hits $1.85m Yearly


By Emma Okonji
Sophos, a global next-generation cybersecurity company, has released the key findings of its recent global survey report, titled: ‘The State of Ransomware 2021,’ which revealed that the average cost of recovery from a ransomware attack has more than doubled in a year, increasing from $761,106 in 2020 to $1.85 million in 2021.
According to the report, the average ransom paid was $170,404.
The global report also stated that only eight per cent of organisations managed to get back all of their data after paying a ransom, with 29 per cent getting back no more than half of their data.
The survey polled 5,400 Information Technology (IT) decision makers in mid-sized organisations in 30 countries across Europe, the Americas, Asia-Pacific and Central Asia, the Middle East, and Africa, which includes Nigeria. ....

Emma Okonji , Chester Wisniewski , Principal Research Scientist At Sophos , Information Technology , Central Asia , Middle East , Principal Research Scientist , Black Kingdom , செஸ்டர் விஸ்னிெவ்ஸ்கி , ப்ரிந்ஸிபல் ஆராய்ச்சி விஞ்ஞானி இல் சோபோஸ் , தகவல் தொழில்நுட்பம் , மைய ஆசியா , நடுத்தர கிழக்கு , ப்ரிந்ஸிபல் ஆராய்ச்சி விஞ்ஞானி , கருப்பு கிஂக்டம் ,

Ransomware recovery cost reaches nearly $2mn, more than doubling in a year: Sophos

Ransomware recovery cost reaches nearly $2mn, more than doubling in a year: Sophos
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Chester Wisniewski , Central Asia , Middle East , Black Kingdom , செஸ்டர் விஸ்னிெவ்ஸ்கி , மைய ஆசியா , நடுத்தர கிழக்கு , கருப்பு கிஂக்டம் ,

Ransomware recovery cost more than doubles


Apr 29, 2021
The average total cost of recovery from a ransomware attack has more than doubled in a year, increasing from $761 106 in 2020 to $1,85-million in 2021.
The average ransom paid is $170 404, according to a new Sophos report, “The State of Ransomware 2021”.
The global findings also show that only 8% of organisations managed to get back all of their data after paying a ransom, with 29% getting back no more than half of their data.
The survey polled 5 400 IT decision makers in mid-sized organisations in 30 countries across Europe, the Americas, Asia-Pacific and Central Asia, the Middle East, and Africa.
While the number of organizations that experienced a ransomware attack fell from 51% of respondents surveyed in 2020 to 37% in 2021, and fewer organisations suffered data encryption as the result of a significant attack (54% in 2021 compared to 73% in 2020), the new survey results reveal worrying upward trends, particularly in terms of the impact of ....

South Africa , Chester Wisniewski , Security Operation Centers Socs , Central Asia , Middle East , Black Kingdom , Security Operation Centers , செஸ்டர் விஸ்னிெவ்ஸ்கி , மைய ஆசியா , நடுத்தர கிழக்கு , கருப்பு கிஂக்டம் , பாதுகாப்பு செயல்பாடு மையங்கள் ,

'Les frais de restauration moyens dus aux rançongiciels ont doublé en un an à 1,5 million d'euros' - ICT actualité

'Les frais de restauration moyens dus aux rançongiciels ont doublé en un an à 1,5 million d'euros' - ICT actualité
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Chester Wisniewski , Black Kingdom , செஸ்டர் விஸ்னிெவ்ஸ்கி , கருப்பு கிஂக்டம் ,