Ransomware attacks common for Irish organisations

Insights

The IT risk landscape has changed dramatically in recent times. Not only are sophisticated tools now available to anyone with a few hundred dollars to spend, gangs of well organised criminals are using cryptographic malware to hold businesses to ransom by encrypting their data.

TechBeat, in association with DataSolutions, has created a survey to gauge the awareness of Irish organisations of the dangers of crypto-malware, and the wider risk landscape, which is already throwing up some intriguing results.

Nearly a quarter (23%) of Irish organisations have been held to ransom by a hacker, and yet the vast majority (93%) assert they would never pay a ransom.

However, there are indications that awareness of these types of attack is increasing with nearly two thirds (63%) saying they have taken precautions against ransomware attacks.

Of the potential damage that can be caused by a cyberattack, the chief concern reported thus far is brand a reputation damage.

To put across your views and experiences, got to www.techpro.ie/survey to participate and be in with a chance to win an iPad.

Read More: cryptography cybercrime ransomware security survey TechBeat