“Ransomware is a big problem and becoming more serious as hackers around the world target enterprises that are most able to pay hefty data ransoms and can’t afford to be locked out of critical business data, a new report from security companies Trend Micro and Information Security Media Group (ISMG) reveals. The two firms recently surveyed IT leaders at more than 225 companies worldwide on their experience with ransomware. The results were sobering: More than half of respondents reported a ransomware attack in 2016, and a surprisingly large number of IT leaders have no idea how often their company is attacked. Meanwhile, new ransomware families are cropping up at a rapid rate, according to Trend Micro. These facts combined could create major security problems for companies in 2017, the firms say, which is why safeguarding corporate networks from ransomware is critical. In the following slides, eWEEK will discuss the survey’s findings and hopefully shed some light on ransomware to help companies improve their defenses in the years ahead.”

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Author: Don Reisinger