Ransomware is now the biggest cybersecurity concern for CISOs

Ransomware is now the biggest cybersecurity concern for CISOs

Posted January 21, 2021

Ransomware is now the biggest cybersecurity concern for CISOs

  • Almost half – 46% – of CSOs and CISOs surveyed said that ransomware or other forms of extortion by outsiders represents the biggest cybersecurity threat.
  • A significant percentage of organisations will pay the ransom – which can amount to millions of dollars – because they perceive it as the quickest means of restoring the network and the least amount of further disruption to the business. And it’s because these ransoms are paid that ransomware remains so appealing – and lucrative – for cybercriminals.
  • Some of the other cyberattacks that CISOs consider the to be the biggest threats this year include cloud account compromise, insider threats, phishing and business email compromise attacks.
  • In addition to training and awareness schemes, organisations can help protect against ransomware and other attacks by applying security patches when they’re released, preventing hackers from exploiting known vulnerabilities.
  • Using additional protection like two-factor authentication across the organisation can also help prevent damaging attacks by making it much harder for hackers to move around the network, even if they’ve got the correct credentials.

– Danny Palmer | January 21, 2021