CyberNews Briefs

Most SMBs would pay a hacker a ransom to get their stolen data back

A new AppRiver report shows that a majority (55%) of small-to-medium-sized companies (SMBs) are willing to meet the demands of threat actors in case of a ransomware attack if this means that they regain access to their data. Larger SMBs are most likely to pay up, with about three in four (74%) firms stating they would do so, while most small legal firms and nonprofit organizations would refuse to engage with the attackers.

The report also found that 84% of executives at SMBs consider social media websites and applications to be their firm’s biggest security liability, singling out Facebook as the biggest potential cyberthreat.

Read more: Most SMBs would pay a hacker a ransom to get their stolen data back

OODA Analyst

OODA Analyst

OODA is comprised of a unique team of international experts capable of providing advanced intelligence and analysis, strategy and planning support, risk and threat management, training, decision support, crisis response, and security services to global corporations and governments.