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REPORT

The 2023 SpyCloud Ransomware Defense Report

In this annual report, we analyze the trends related to one of the costliest threats facing businesses today: ransomware. As cybercriminals continue to reap rewards from these attacks, how are security teams keeping pace? Download this year’s report to see:

You’ll also get access to new research that shows how certain infostealer malware infections are precursors to future ransomware events.

2023 Ransomware Defense Report

RANSOMWARE REMAINS WIDESPREAD

Attacks continue to impact the majority of organizations, with 81% reporting being affected at least once in the past 12 months.

AND THE COST IS CLIMBING

Almost 40% of organizations who paid a ransom spent at least $1 million in cumulative costs, and the rest reported feeling a significant hit to their operations and resources.

TEAMS REMAIN MOST CONCERNED ABOUT HUMAN-DRIVEN RISKS

Phishing and social engineering, along with unpatched vulnerabilities, once again ranked as the riskiest entry points for ransomware – but security teams are switching up how they tackle these problems.

AND COUNTERMEASURES ARE LAGGING AS CRIMINALS CHANGE TACTICS

Year over year, data backup has remained the most important countermeasure for organizations – but this practice doesn’t mitigate the entry points for modern ransomware, which capitalize on malware-exfiltrated data including authentication cookies.

SURVEY SAYS: LOOK DEEPER AT YOUR MALWARE PROBLEM

We found that ransomware prevention is consistently at the top of the priority list for organizations. But most aren’t prioritizing the remediation of authentication data siphoned by infostealer malware. This is a big problem, since our analysis shows nearly one-third of companies who experienced a ransomware event had at least one infostealer infection before being attacked.

Download this year’s report to see:

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SpyCloud Ransomware Defense Report

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We’re on a mission to make the internet a safer place by disrupting the criminal underground. Together with our customers, we aim to stop criminals from profiting off stolen data.

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The 2024 Malware & Ransomware Defense Report is here. Read it now

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