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
