Pioneer NewsPioneer News

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Salman Khan Had Once WARNED Avinash Gowariker For Allegedly Selling His Photos To Magazines; Said ‘Don’t Do All This Bullsh**t With Me..’

    June 10, 2023

    India open campaign with a 2-0 win over Mongolia

    June 10, 2023

    Shah Rukh Khan strikes his signature pose as he greets fans outside Mannat

    June 10, 2023
    Facebook Twitter Instagram
    • Demos
    • Technology
    • Gadgets
    • Buy Now
    Facebook Twitter Instagram Pinterest VKontakte
    Pioneer NewsPioneer News
    • Home
    • India
    • World
    • Business
    • Entertainment
      • Bollywood
      • Hollywood
    • Lifestyle
      • Health
      • Fashion
    • Sports
    • Technology
      • Automobile
      • Gadgets
      • Mobiles
    • Videos
    Pioneer NewsPioneer News
    Home » Technology » 73 pc Indian organisations report being victim of ransomware
    Technology

    73 pc Indian organisations report being victim of ransomware

    pioneerBy pioneerMay 25, 2023No Comments2 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email

    The rate of ransomware attacks has increased in India with 73 per cent of organisations surveyed reporting they were a victim of ransomware, up from 57 per cent the previous year, a new report has said.

    “In 77 per cent of ransomware attacks against surveyed organisations, adversaries succeeded in encrypting data with 44 per cent paying the ransom to get their data back – a considerable drop from last year’s rate of 78 per cent,” cybersecurity company Sophos said in its annual “State of Ransomware 2023” report.

    On a global scale, the survey also showed that when organisations paid a ransom to get their data decrypted, they ended up additionally doubling their recovery costs (US$750,000 in recovery costs versus US$375,000 for organisations that used backups to get data back).

    “Although dipping slightly from the previous year, the rate of encryption remains high at 77 per cent, which is certainly concerning. Ransomware crews have been refining their methodologies of attack and accelerating their attacks to reduce the time for defenders to disrupt their schemes,” said Chester Wisniewski, field CTO, Sophos.

    When analysing the root cause of ransomware attacks, the most common was an exploited vulnerability (involved in 35 per cent of cases), followed by compromised credentials (involved in 33 per cent of cases).

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    pioneer
    • Website

    Related Posts

    Possible quantities of fibre transfer in physical assault quantified

    June 10, 2023

    ED notice to Xiaomi India, 3 banks for alleged FEMA violation of $ 5,551 cr

    June 10, 2023

    Paper and plastic can now be transformed into electronic 'smart devices'

    June 10, 2023

    Chatgpt designs a robot

    June 9, 2023
    Add A Comment

    Leave A Reply Cancel Reply

    Advertisement
    Latest Post

    Salman Khan Had Once WARNED Avinash Gowariker For Allegedly Selling His Photos To Magazines; Said ‘Don’t Do All This Bullsh**t With Me..’

    June 10, 2023

    India open campaign with a 2-0 win over Mongolia

    June 10, 2023

    Shah Rukh Khan strikes his signature pose as he greets fans outside Mannat

    June 10, 2023

    FASHION FACE-OFF: Who Carries The Red Gown Better

    June 10, 2023
    Advertisement
    Pioneer News
    Facebook Twitter
    • Home
    • Privacy Policy
    © 2023 Pioneer News. Designed by Black Hole Studio.

    Type above and press Enter to search. Press Esc to cancel.

    Go to mobile version