Page 140 - Cyber Defense eMagazine December 2022 Edition

Unwitting Insider Threats Remain A Challenge As Security

Solutions Struggle To Keep Up

By Chip Witt, Vice President of Product Management

Ransomware continues to be a rising and persistent threat to organizations, with research showing that
50% of organizations have been hit with ransomware attacks anywhere from two to five times in 2022,
compared to 33.5% in 2021.

The rise of these attacks, and evolving tactics and targets, led some IT leaders to seek upgrades and
tack on newer cybersecurity tools to current protections to thwart such intrusions.

According to SpyCloud’s 2022 Ransomware Defense Report, which surveyed 310 IT security
practitioners across North America and the UK, 90 percent of respondents reported that their organization
was affected by at least one ransomware attack last year — up from 72.5 percent a year prior — and
with 77.7 percent claiming they have been hit multiple times.

As a result, confidence in existing ransomware mitigation tools has dipped over the past year, with more
organizations seeking either capability upgrades or new technologies.

Cyber Defense eMagazine – December 2022 Edition 140
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