If you were hit by ransomware tomorrow, would you pay to get your data back? That’s what more than half of CISOs in a recent survey said their organization would do.
It’s a situation more companies are going to face in future. “Attacks are increasing and continuing to increase,” said Christy Wyatt, CEO of security vendor Absolute Software, which commissioned the survey. “Companies are better prepared to deal with them: Some of the training is paying off and AI is helping. But remember that attackers have all the tools that defenders have.”
In the survey of 750 CISOs in the US and UK, 58% said their organization would be willing to pay to end a ransomware incident.
This flies in the face of a...