More than 60% of businesses victims of ransomware: Report

Posted On: Mar. 13, 2017 5:00 AM CST

A report by U.S.-based research firm CyberEdge Group has said that more than 60% of organizations were compromised by ransomware in 2016, Infosecurity reported. More than 30% paid the ransom and recovered their data, while nearly 55% refused to pay but successfully recovered their data. The report also said that the percentage of organizations affected by successful cyber attacks increased from 62% in 2014 to nearly 80% in 2017.