Ransomware Threats Persist Despite Improved Preparedness

• •Only 21% of organizations reported no ransomware attacks in the past year.
• •56% of organizations that faced ransomware paid the ransom, but recovery rates were low.
• •Small businesses are more than twice as likely to experience ransomware attacks compared to larger enterprises.

A recent report by Zerto indicates that organizations, despite feeling more prepared against ransomware, still face significant vulnerabilities. Among surveyed organizations, only 21% reported no ransomware attacks in the past year, while 56% admitted to paying ransoms, with only 14% fully recovering their data. Small and midsized businesses (SMBs) are particularly at risk, facing attacks more than twice as often as larger enterprises. The report highlights that 60% of SMBs fail basic security hygiene, with many lacking resources and expertise to address vulnerabilities. As a result, 52% of organizations believe their ransomware preparedness has improved over the last two years, with 82% planning to increase spending on security measures in the next 12-18 months.