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Cyber Risks · Cisco Talos

Ransomware: How executives should prepare given the current threat landscape

Summary: A Cisco Talos survey cited in this report found that 37 percent of organizations surveyed had been affected by ransomware attacks in the past year, with phishing remaining the leading initial access technique and finance and public administration tied as the top-targeted industries. Talos Incident Response, which says it has assisted hundreds of organizations through ransomware incidents and executive tabletop exercises, advises executives to plan for response and containment rather than only prevention, since a ransomware attack is always a multi-stage process.

What's compelling: Surveys cited here put about 40 percent of the public's perception of fault for a ransomware attack on the CEO, and 36 percent of attacks result in the loss of C-level talent - while 80 percent of organizations that paid a ransom were reattacked shortly afterward.

Read the original at Cisco Talos ↗

Topics
Detection & Response
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