Employees paying out for ransomware

      Comments Off on Employees paying out for ransomware

 Skull and key ransomware alert Ransomware is not only spreading like an infectious disease, but it is also having a psychological effect on its victims. A new survey reveals that nearly 60% of company employees are so panicked by becoming victims of a ransomware attack that they pay the ransom demand themselves – rather than risking the wrath of their employer. The average pay out was around $1,400.

This suggests that employees are driven by shame and embarrassment into keeping their ransomware attack a secret despite the fact that many companies carry cyber insurance these days, which often covers the cost of a ransom. Additionally, a fifth of ransomware extortionists don’t release the locked data even after the ransom has been paid, making employees paying themselves a doubly bad tactic.

The report also suggests that nearly three quarters of staff have received some training in cyber security and have some awareness of ransomware – which looks poised to overtake hardware failure as the most likely cause of data loss. While most staff reckon they can spot a phishing attack, at least a quarter of them have been caught by one – including some IT specialists.

Read more at https://www.bleepingcomputer.com/news/security/59-percent-of-employees-hit-by-ransomware-at-work-paid-ransom-out-of-their-own-pockets/

Share