World News – African Union – 56% of organizations faced ransomware attack and many paid a ransom – Help Net Security

There is an ongoing proliferation of ransomware, growing concerns about nation-state actors, and the need to accelerate digital and security transformation, the CrowdStrike survey reveals.

Survey data indicates that ransomware attacks have proven particularly effective, with 56% of organizations surveyed experiencing a ransomware attack in the past year. The COVID-19 pandemic has spurred growing concerns about ransomware attacks, as many organizations have resorted to paying ransoms.

The global situation is shifting from the question of whether an organization will be attacked by ransomware to the question of when the organization inevitably pays a ransom.. Notable findings include:

Nation-state activism continues to weigh on IT decision-makers, with 87% of respondents agreeing that nation-state-sponsored cyberattacks are more common than people think.

As heightened international tensions and the global election year create an interlocking ground for increased nation-state activity, organizations are under increasing pressure to resume operations despite the increasing value of intellectual property and vulnerabilities caused by COVID-19. Key highlights include:

In the wake of these threats, cybersecurity experts have accelerated digital and security transformation efforts to address the increased activity of cybercrime actors and nation-state actors.

While spending on digital transformation continues on the upward trend, the COVID-19 pandemic has accelerated the timeline of many organizations, costing additional investments to rapidly modernize safety tools for the remote workforce. The results of the security transition proposal include the following:

Michael Sentonas, CrowdStrike’s Chief Technology Officer, said: « This year has been a special challenge for organizations of all sizes around the world, with the proliferation of ransomware programs and growing tensions from actors in nation-states pose a massive threat to regions around the world. ».

“Now more than ever, organizations are finding ways to undergo a rapid digital transformation to bring their security to the cloud in order to keep pace with modern-day threats and secure ‘work from anywhere’ operations.

“Cybersecurity teams around the world are making great strides in improving the security posture by moving their security infrastructure to the cloud and staying diligent in incident detection and response and repair practices..

Ransomware, Cyberattack, Computer security, CrowdStrike, Australia, Ransom, Threat