IBM Security report reveals that 70 percent of businesses impacted by Ransomware pay attackers, but there is hope in sight, as IBM's Resilient Incident Response Platform adds a new Dynamic Playbook to help organizations respond to attacks.
There has been a chorus line of vendors in 2016 proclaiming an increase in ransomware threats. IBM is now adding to the mix with a security study released on Dec. 14, reporting that 70 percent of businesses impacted by ransomware end up paying the ransom. IBM is going a step beyond just reporting on ransomware, with a new Dynamic Playbook for Ransomware capabilities in its Resilient Incident Response platform.
The 23-page IBM Security study surveyed 600 business leaders and 1,021 consumers in the U.S. 46 percent of business respondents reported that they had experienced ransomware in their organizations. Of the 46 percent that have been impacted by ransomware, 70 percent admitted that their organization paid the ransom.