Delay responding to email breaches likely to lead to ransomware attacks

A new report shows that organizations taking longer than nine hours to address an email security breach have a 79 percent chance of also being a victim of ransomware. The study from Barracuda, based on a survey of 2,000 IT decision makers carried out by Vanson Bourne, also finds that most of the organizations surveyed (78 percent) experienced an email breach in the previous 12 months, with the average cost to recover reaching $217,068. Smaller businesses are hit especially hard. Companies with 50 to 100 employees incur costs of on average $1,946 per person, while larger organizations with 1,000 to… [Continue Reading]