WannaCry was most Americans’ first experience of ransomware

Although ransomware in some form has been around since 2005, a new survey of 5,000 US consumers reveals that for 57 percent the recent WannaCry attack was their first exposure to how it works. The study by endpoint security company Carbon Black also shows that seven out of 10 consumers would consider leaving a business if it were hit by ransomware. Financial institutions and healthcare providers are most trusted to keep data safe (70 percent), but only half (52 percent) trust retailers. This is slightly at odds with trends which show the financial services sector was the most attacked industry… [Continue Reading]