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IDG Contributor Network: Why companies are becoming more likely to pay when struck by...

Discussion in 'Network World' started by RSS, Feb 15, 2016.

  1. RSS

    RSS New Member Member

    A quarter of companies have made their mind up when it comes to a ransomware attack. They're paying the ransom, according to a new study.

    Twenty-four percent of companies say they would pay. And not only would they cough-up the money, but 14% of the polled would pay $1 million or more to prevent the attack, according to findings by the Cloud Security Alliance (CSA) and Skyhigh, who have compiled the study. The CSA is a non-profit promoting best-practices in cloud use; Skyhigh is a cloud security company.

    The CSA surveyed 200 IT and security professionals across sectors worldwide. The researchers have been examining cloud take-up along with risk. They think that cyberattacks overall are a concern for enterprises "when it comes to moving their systems of record to the cloud," CSA and Skyhigh say in their report.

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