More organizations are paying the ransom. Why?

Most organizations (71%) have been hit by ransomware in 2022, and most of those (63%) opted for paying the requested ransom, the 2022 Cyberthreat Defense Report (CDR) by the CyberEdge Group has shown. The research company says that possible explanation… Continue reading More organizations are paying the ransom. Why?

63% of organizations paid the ransom last year

A record 71% of organizations were impacted by successful ransomware attacks last year, according to a CyberEdge Group report, up from 55% in 2017. Of those that were victimized, 63% paid the requested ransom, up from 39% in 2017. As to why more organi… Continue reading 63% of organizations paid the ransom last year

CyberEdge Group launches new LeadingEdge Group subsidiary to serve non-cybersecurity vendors

CyberEdge Group launched a new subsidiary called LeadingEdge Group. Simultaneously, CyberEdge announced that the company has now transformed into a cybersecurity-only marketing firm. Rising IT security industry growth prompts CyberEdge’s repositioning … Continue reading CyberEdge Group launches new LeadingEdge Group subsidiary to serve non-cybersecurity vendors

IT security teams challenges fueled by record-setting cyberattacks

IT security teams faced unprecedented challenges last year fueled by dramatically expanded work-from-home (WFH) programs, increased bring-your-own-device (BYOD) policy adoptions, and rising internal and third-party risks stemming from the COVID-19 pand… Continue reading IT security teams challenges fueled by record-setting cyberattacks

IT security teams deal with unique challenges fueled by a remote workforce

IT security teams faced unprecedented challenges last year fueled by dramatically expanded work-from-home (WFH) programs, increased BYOD policy adoptions, and rising internal and third-party risks stemming from the COVID-19 pandemic, CyberEdge Group re… Continue reading IT security teams deal with unique challenges fueled by a remote workforce

Enterprise IT security teams continue to struggle

CyberEdge conducted a web-based survey of 600 enterprise IT security professionals from seven countries and 19 industries in August 2020 in an effort to understand how the pandemic has affected IT security budgets, personnel, cyber risks, and prioritie… Continue reading Enterprise IT security teams continue to struggle

Are ransom payers fueling ransomware?

A new CyberEdge Group report uncovered two trends that are stimulating record-setting ransomware attacks: More ransom payers are successfully recovering their data. In 2018, only 49 percent of ransom payers successfully recovered their data. That numbe… Continue reading Are ransom payers fueling ransomware?

Organizations investing in security analytics and machine learning to tackle cyberthreats

IT security’s greatest inhibitor to success is contending with too much security data. To address this challenge, 47 percent of IT security professionals acknowledged their organization’s intent to acquire advanced security analytics solutions that inc… Continue reading Organizations investing in security analytics and machine learning to tackle cyberthreats

Not all who pay a ransom successfully recover their compromised data

A new report by the CyberEdge Group found that 55 percent of responding organizations were compromised by ransomware in 2017, down from 61 percent in 2016. How victims responded to ransomware Respondents who were victimized by ransomware and who electe… Continue reading Not all who pay a ransom successfully recover their compromised data