61 percent of companies hit by ransomware in 2020

The latest State of Email Security report from Mimecast, based on a study of over 1,200 IT and cybersecurity leaders, shows businesses faced unprecedented cybersecurity risks in 2020. Ransomware impacted 61 percent, a 20 percent increase over last year's report, while 79 percent say their companies experienced a business disruption, financial loss or other setback in 2020 due to a lack of cyber preparedness. Companies affected by ransomware lost an average of six working days to system downtime, with 37 percent saying downtime lasted a week or more. More than half (52 percent) of ransomware victims paid the threat actor… [Continue Reading]