Downtime is a key cost of ransomware attacks

The cost of downtime due to lack of access to systems for customers and employees was the biggest business impact of a ransomware attack according to 59 percent of respondents to a new survey. The study from cyber security company Imperva also shows that 32 percent of respondents say their company has been infected with ransomware with 11 percent taking longer than a week to regain access to their systems after an attack. "Whether companies choose to pay the extortion or not, the real cost of ransomware is downtime and lost productivity," says Terry Ray, chief product strategist at Imperva.… [Continue Reading]