October 6 2021: Fortinet has just unveiled the 2021 Global State of Ransomware Report.
The survey reveals most organizations are more concerned about ransomware than other cyberthreats. However, while the majority of organizations surveyed indicated they are prepared for a ransomware attack, including employee cyber training, risk assessment plans, and cybersecurity insurance, there was a clear gap in what many respondents viewed as essential technology solutions for protection and the technology that can best guard against the most commonly reported methods to gain entry to their networks.
Based on the technologies viewed as essential, organizations were most concerned about remote workers and devices, with Secure Web Gateway, VPN and Network Access Control among the top choices. While ZTNA is an emerging technology, it should be considered a replacement for traditional VPN technology. However, most concerning was the low importance of segmentation (31%), a critical technology solution that prevents intruders from moving laterally across the network to access critical data and IP. Likewise, UEBA and sandboxing play a critical role in identifying intrusions and new malware strains, yet both were lower on the list. Another surprise was secure email gateway at 33%, given phishing was reported as a common entry method of attackers.
Organizations More Concerned About Losing Data
The top concern of organizations regarding a ransomware attack was the risk of losing data, with the loss of productivity and the interruption of operations following closely behind. In addition, 84% of organizations reported having an incident response plan, and cybersecurity insurance was a part of 57% of those plans. In regards to paying ransom if attacked, the procedure for 49% was to pay the ransom outright, and for another 25%, it depends on how expensive the ransom is. Of the one-quarter who paid ransom, most, but not all, got their data back.