Ransomware Attacks Declined by 61% But Organizations Must Remain Vigilant

Despite WannaCry infecting thousands of PCs worldwide in 2017, ransomware has always remained one of the biggest threats to corporations worldwide. There is, however, new research that indicates that this persistent threat may be on the decline.  

Privileged access management (PAM) provider Delinea, in partnership with Censuswide, has released the 2022 State of Ransomware Report, a comprehensive study of the latest forms of ransomware. There was a survey of 300 U.S.-based IT decision-makers conducted by the research firm, and results showed that only 25% of companies had been affected by ransomware attacks over the last calendar year.  

This represents a 61% decline in incidents of theft from organizations over the last 12 months when 64% of organizations reported being victims in that period. Additionally, according to the report, the number of companies that paid ransoms decreased from 82% at the beginning of the study period to 68% at the end of the research.  

The fact that these attacks are still common enough to cause serious data breaches is encouraging news for enterprises. However, security leaders cannot afford to become complacent in the face of attacks.