Ransomware Fears Growing Rapidly

IT pros indicated they are feeling less protected, as confidence in endpoint security dropped from 96 percent in January to 59 percent.

Apprehension over ransomware is growing rapidly, rising to 73 percent from 48 percent of those who are very or extremely concerned about it, according to a survey from security awareness training company KnowBe4.

If confronted with a scenario where backups have failed and weeks of work might be lost, an astounding 57 percent of those polled said they would begin with paying the $500 ransom and hope for the best.

Confidence in email and spam filtering effectiveness dropped from 88 percent to 64 percent, and the survey found if faced with 4 hours of lost work from ransomware encryption, 81 percent would rely on backup.

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