Sydney, AUSTRALIA – 22 September 2017 – Datto, Inc. revealed the results of its second annual global State of the Channel Ransomware Report. As the largest survey of its kind, the report provides unique visibility into the current state of ransomware from more than 1,700 managed service providers (MSPs) who work with more than 100,000 small-to-mid-sized businesses (SMBs) around the world. Ninety-nine percent of MSPs predict uptick in attacks will continue across the next two years.
The survey also found that approximately 5 percent of all SMBs worldwide fell victim to ransomware over the past year. Most of the financial strain, the survey found, occurs not as the result of the ransom demanded by malicious hackers, but because of the resultant downtime and data loss.
“The impact of downtime affects SMBs far more than the cost of ransom requests. Seventy-five percent of MSPs reported having clients who experienced business-threatening downtime as a result of a ransomware attack,” said Robert Gibbons, Chief Technology Officer, Datto.
The survey also provided additional insights, some surprising:
“No single defence solution is guaranteed to prevent a ransomware attack,” said Dale Shulmistra, President, Invenio IT. “The most effective means for business protection from ransomware is a backup and disaster recovery (BDR) solution, followed by cybersecurity training. One hundred percent of the time, we’ve been able to resolve the ransomware issue for our SMB clients when such a solution is in place.”
For more information and key findings from Datto’s State of the Channel Ransomware Report, please visit Datto’s website.
Datto protects business data and provides secure connectivity for tens of thousands of the world's fastest growing companies. Datto's Total Data Protection solutions deliver uninterrupted access to business data on site, in transit and in the cloud. Thousands of IT service providers globally rely on Datto's combination of pioneering technology and dedicated services to ensure businesses are always on, no matter what. Datto is headquartered in Norwalk, Connecticut and has offices in Rochester, Boston, Portland, Toronto, London, Singapore and Sydney.
Phone: 02 8016 2200
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