Cybersecurity Research: 76% of Organizations Admit to Paying Ransomware Criminals, with One-Third Still Unable to Recover Data

Cybersecurity Research: 76% of Organizations Admit to Paying Ransomware Criminals, with One-Third Still Unable to Recover Data

Cybersecurity Research: 76% of Organizations Admit to Paying Ransomware Criminals, with One-Third Still Unable to Recover Data


Veeam unveils the results of its 2022 Ransomware Trends Report at VeeamON 2022, finds that cyber criminals are successfully encrypting an average of 47% of production data and victims are only able to recover 69% of impacted data



Businesses are losing the battle when it comes to defending against ransomware attacks, according to the Veeam® 2022 Ransomware Trends Report, which found that 72% of organizations had partial or complete attacks on their backup repositories, dramatically impacting the ability to recover data without paying the ransom. Veeam Software, the leader in backup, recovery and data management solutions that deliver Modern Data Protection, found that 80% of successful attacks targeted known vulnerabilities — reinforcing the importance of patching and upgrading software. Almost all attackers attempted to destroy backup repositories to disable the victim’s ability to recover without paying the ransom.


The Veeam 2022 Ransomware Trends Report reveals the results of an independent research firm that surveyed 1,000 IT leaders whose organizations had been successfully attacked by ransomware at least once during the past 12 months, making it one of the largest reports of its kind. The first of its kind study examines the key learnings from these incidents, their impact on IT environments and the steps taken to implement Modern Data Protection strategies that ensure business continuity moving forward. The research project specifically surveyed four IT personas (CISOs, Security Professionals, Backup Administrators and IT Operations) to understand cyber-preparedness alignment across organizations.


“Ransomware has democratized data theft and requires a collaborative doubling down from organizations across every industry to maximize their ability to remediate and recover without paying the ransom,” said Danny Allan, CTO at Veeam. “Paying cybercriminals to restore data is not a data protection strategy. There is no guara ..

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