64% of Companies Affected By Ransomware Had Obsolete Security Protocols, New Study Reveals

Ransomware can be the type of thing that can make it very difficult for companies to operate because of the fact that this is the sort of thing that could potentially end up forcing them to pay over large sums of cash just to be able to regain access to their sensitive data and information. This is something that is impacting these companies’ abilities to stay afloat, but it turns out that their own perceptions regarding their security might leave something to be desired.

ExtraHop recently conducted a study that showed a wide gap between how secure companies actually felt they were and the kind of security they actually had to offer. With all of that having been said and now out of the way, it is important to note that 64% of the companies that suffered some kind of cybersecurity incident admitted that they had rather obsolete security systems put in place which makes it likely that their problems were caused by their own faults.

This contrasts rather starkly with the 77% of major decision makers in the world of IT that felt that they had really robust security protocols to work with. There is a clear gap between what they perceive to be true and what the reality of the situation actually reflects. It is high time that these companies started taking some actual steps to mitigate future damage primarily by changing the manner in which they deal with potential threats and improving how they modify their security protocols after the fact.

Around 85% of various companies tend to face at least one ransomware attack on an annual basis. This is a very concerning statistic because it reveals just how vulnerable the average company truly is with all things having been considered and taken into account. There’s a lot more work that needs to be done before the confidence that these companies have in their security measures can in any way be justified for the most part. Until then, it seems unlikely that the number of attacks would start to decrease anytime in the near future.

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