Contrary to conventional wisdom, bigger businesses face as many risks as smaller businesses from crypto-ransomware—and that the cost of user downtime far outweighs the cost of the ransom.
Intermedia surveyed nearly 300 IT consultants and security experts on the crypto-ransomware threat. The key findings demonstrate that, contrary to conventional wisdom, bigger businesses face as many risks as smaller businesses—and that the cost of user downtime far outweighs the cost of the ransom.
Read the full results of the survey, which was performed by Researchscape International. Respondents were recruited from a number of third-party panels. Each respondent had their identity validated and only one response was permitted per respondent, even if they were members of multiple panels. Each respondent was offered points towards rewards in exchange for their participation.
When asked to rank the business impact of ransomware outbreaks, the actual cost of the ransom came in almost dead last.