ENGLEWOOD CLIFFS, NJ-(WIRE OF BUSINESS)-OwnBackup, the leading SaaS data protection platform, today announced the findings of a global survey conducted by Enterprise Strategy Group (ESG) that reveals a surprising 79% of respondent organizations were targeted by ransomware in over the past 12 months. Of those organizations, nearly three-quarters said the attack was successful, meaning it disrupted business operations.
Other important findings include:
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Of the respondents who said their organization paid a cyber ransom to regain access to data, applications, and/or systems after the attack, only 14% were able to recover all of their data.
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87% of respondents who paid ransom said they experienced additional extortion attempts beyond the initial demands of the ransomware
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31% of responding organizations targeted by ransomware indicated that the user of the application and incorrect permission configurations were the first point of compromise
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87% of respondents are extremely or somewhat worried about their backups being infected with ransomware attacks
“While data backups are essential for ensuring business continuity in the event of a successful ransomware attack, their value makes them primary targets of ransomware infection,” said Sam Gutmann, CEO of OwnBackup. “By storing backups out of production on an independent platform, companies can not only keep them safe from a potentially destructive cyberattack, but also avoid paying a ransom to restore their It is also important to remember that data security is a team sport, and IT, InfoSec, CISO and others must work together to truly prevent attacks. ”
In addition to providing both Salesforce and Microsoft Dynamics 365 customers with an off-platform, automated backup and recovery solution, OwnBackup also helps companies strengthen security controls that often become a compromise point for hackers. ransomware attacks. They acquired RevCult, a SaaS Security Poster Management (SSPM) provider in August of 2021, and are expected to announce a new security product in the coming weeks.
“This research further demonstrates the spread of ransomware and how difficult it is for organizations to fully manage the threat,” said Christophe Bertrand, Practice Director at ESG. “Our hope is that this study connects the dots between those organizations that are best prepared to deal with a ransomware attack and the specific strategies they use to get there, to help others do the same. ”
To gather data for this report, ESG conducted a comprehensive online survey of IT and cybersecurity professionals from private and public sector organizations in North America and Western Europe between December 21, 2021 and January 10. , 2022. To qualify for this survey, respondents are required to be IT or cybersecurity professionals personally involved in the technology and processes associated with protecting against ransomware attacks.
For more information, please read the report or visit the OwnBackup blog.
¹Source: ESG Research Report, The Long Way to Ransomware PreparationMarch 2022.
About OwnBackup
OwnBackup is a leading SaaS data protection platform for some of the largest SaaS ecosystems in the world, including Salesforce, Microsoft Dynamics 365, and ServiceNow. With capabilities such as data security, backup and recovery, archiving, and sandbox seeding, OwnBackup empowers thousands of organizations around the world to manage and protect the mission-critical data that drives their business. .
Co-founded by timely data recovery, data protection, and information security experts, OwnBackup is a trusted independent software vendor (ISV) partner in the Salesforce AppExchange and Microsoft Marketplace. Headquartered in Englewood Cliffs, New Jersey, with research and development (R&D), support, and other functions in Israel, EMEA and APAC, OwnBackup is the partner of choice for some of the world’s largest users of SaaS application.