Dark Reading is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Threat Intelligence

9/21/2017
09:34 AM
50%
50%

SMBs Paid $301 Million to Ransomware Attackers

But small- to midsized businesses are taking a tougher stand against ransomware attacks, according to a survey released today of the 2016-2017 period.

Ransomware attacks against small- to midsized businesses (SMBs) are expected to increase over the next two years, according to a survey released today by Datto.

The State of the Channel Ransomware Report, which surveyed 1,700 managed service providers (MSPs) that collectively have more than 100,000 SMBs customers, found 99% of survey respondents say they expect the increase in ransomware attacks will continue over the course of two years.

Ninety-three percent of MSPs say their SMB clients were hit with a ransomware attack in the past two years; 21% report their clients faced six or more attacks during the last year; and 26% note their SMB customers experienced multiple attacks in a single day.

SMBs paid out an estimated $301 million in ransom to attackers in the 2016-2017 period, the report shows.

However, less than one in three SMBs reported their ransomware attack to authorities in the 2016-2017 period, an improvement from one in four during the 2015-2016 timeframe. 

Read more about the survey here

Join Dark Reading LIVE for two days of practical cyber defense discussions. Learn from the industry’s most knowledgeable IT security experts. Check out the INsecurity agenda here.

 

 

Dark Reading's Quick Hits delivers a brief synopsis and summary of the significance of breaking news events. For more information from the original source of the news item, please follow the link provided in this article. View Full Bio
 

Recommended Reading:

Comment  | 
Print  | 
More Insights
Comments
Newest First  |  Oldest First  |  Threaded View
Page 1 / 2   >   >>
LouiseMiller
50%
50%
LouiseMiller,
User Rank: Apprentice
7/3/2018 | 5:06:45 AM
Re: Backups

Hi! My name is Louise Miller - a copywriter, a rewriter, an optimizer, a seller of services and goods through an effective advertising syllable, a delicate psychologist of purchasing souls who has many years of experience in business and trade.

In other words: I write texts! Clear and simple texts for websites, easily and with pleasure read (at least I try to make them exactly so). But this does not mean that I can not rewrite any scientific work. This is a unique content of information and advertising nature, written for people in an accessible and understandable language and simultaneously well perceived by search engines.
LouiseMiller
50%
50%
LouiseMiller,
User Rank: Apprentice
10/10/2017 | 9:14:31 AM
Re: Backups
So what does it mean? 
ROMAN45
0%
100%
ROMAN45,
User Rank: Apprentice
9/27/2017 | 2:48:30 AM
Re: Backups
I heard that SMB is by and large help by an oversaw benefits firm" That is valid, they predominantly deal with fundamental stuff and request progressively if greater security is required.
REISEN1955
50%
50%
REISEN1955,
User Rank: Ninja
9/26/2017 | 2:59:22 PM
Re: Backups
They have to be catalog backups, every 24 hours and not to over-write old data otherwise the next cycle just backs up encrypted files from "now" instead of good files from "then."  I am proud that a 501C3 that got wrecked by Crypotlocker in 2014, under rmy care, had 98% of workstation and server data TOTALLY RESTORED within 3 hours the next business day.  I  maintained proper OFFSITE, CATALOG storage and it worked. 
Dr.T
50%
50%
Dr.T,
User Rank: Ninja
9/26/2017 | 2:54:27 PM
Re: Backups
Ever since i joined a malware forensics team in Georgia Agree. It is a good idea to be part of an organization that we can get constant current updates on the issues.
Dr.T
50%
50%
Dr.T,
User Rank: Ninja
9/26/2017 | 2:53:21 PM
Re: Backups
My backups were good and tested That is good, unless backup is verified it is not that problem-proof. If current files are encrypted , backups might be encrypted too.
Dr.T
50%
50%
Dr.T,
User Rank: Ninja
9/26/2017 | 2:49:47 PM
Re: Backups
SMB is generally support by a managed services firm That is true, they mainly take care of basic stuff and ask for more if more security is needed.
Dr.T
50%
50%
Dr.T,
User Rank: Ninja
9/26/2017 | 2:46:35 PM
Re: Backups
This metrics is perfect to make a case towards a robust backup platform Agree. Backups is critical, they need to go beyond that and avoid any downtime,
Dr.T
50%
50%
Dr.T,
User Rank: Ninja
9/26/2017 | 2:45:33 PM
Ransomware
Ransomware is a lucrative business today. There is no surprise that there will be more of it next two years. Businesses need to get ahead of it.
REISEN1955
50%
50%
REISEN1955,
User Rank: Ninja
9/22/2017 | 8:19:53 AM
Re: Backups
SMB is generally support by a managed services firm or often a local self-employed consultant and I have looked at my past support protocols --- SHOCKED at some of them with what I have learned recently.  My backups were good and tested.  Whew.  But in other areas I stand in shame.  Your support entity HAS to be responsible for these issues and I now that should be a LEGAL requirement as well!!!

Ever since i joined a malware forensics team in Georgia, i am astonished some of my clients lasted as long as they did!!!  
Page 1 / 2   >   >>
News
FluBot Malware's Rapid Spread May Soon Hit US Phones
Kelly Sheridan, Staff Editor, Dark Reading,  4/28/2021
Slideshows
7 Modern-Day Cybersecurity Realities
Steve Zurier, Contributing Writer,  4/30/2021
Commentary
How to Secure Employees' Home Wi-Fi Networks
Bert Kashyap, CEO and Co-Founder at SecureW2,  4/28/2021
Register for Dark Reading Newsletters
White Papers
Video
Cartoon Contest
Current Issue
2021 Top Enterprise IT Trends
We've identified the key trends that are poised to impact the IT landscape in 2021. Find out why they're important and how they will affect you today!
Flash Poll
How Enterprises are Developing Secure Applications
How Enterprises are Developing Secure Applications
Recent breaches of third-party apps are driving many organizations to think harder about the security of their off-the-shelf software as they continue to move left in secure software development practices.
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2021-24259
PUBLISHED: 2021-05-05
The “Elementor Addon Elements� WordPress Plugin before 1.11.2 has several widgets that are vulnerable to stored Cross-Site Scripting (XSS) by lower-privileged users such as contributors, all via a similar method.
CVE-2021-24260
PUBLISHED: 2021-05-05
The “Livemesh Addons for Elementor� WordPress Plugin before 6.8 has several widgets that are vulnerable to stored Cross-Site Scripting (XSS) by lower-privileged users such as contributors, all via a similar method.
CVE-2021-24261
PUBLISHED: 2021-05-05
The “HT Mega – Absolute Addons for Elementor Page Builder� WordPress Plugin before 1.5.7 has several widgets that are vulnerable to stored Cross-Site Scripting (XSS) by ...
CVE-2021-24262
PUBLISHED: 2021-05-05
The “WooLentor – WooCommerce Elementor Addons + Builder� WordPress Plugin before 1.8.6 has a widget that is vulnerable to stored Cross-Site Scripting (XSS) by lower-priv...
CVE-2021-24263
PUBLISHED: 2021-05-05
The “Elementor Addons – PowerPack Addons for Elementor� WordPress Plugin before 2.3.2 for WordPress has several widgets that are vulnerable to stored Cross-Site Scriptin...