Ransomware Shame

Corporate executives openly confess that they would aid and abet ransomware criminals by paying them for their crimes.

  • 78% of C-suite executives claim that they would be willing to pay a ransom
  • 56% would be willing to pay over $100,000 to resume operations

That’s deliberately hanging a target on their enterprises.

And this…

  • 74% of executives with hybrid work environments believe their in-house IT and security teams lack the capability to defend against ransomware
  • 60% of executives believe their employees could not identify a cyberattack

…indicates that those executives aren’t even trying seriously to train their IT and security teams or their employees, or to enforce security measures by their work-from-home employees.

Worse than that, they actively cover up their crime enabling:

well over half (61%) of business owners admitted to concealing a breach

This willingness to reward hackers for their hacking not only endangers their own companies, it endangers other companies, as well, by making the crimes routinely lucrative—which these executives are smart enough to know.

That willingness to pay the fee-for-hacking-services aggregates into a threat to our nation’s weal and security. After all, where are the hackers so willingly rewarded located? In our nation’s enemies: 82% of the attacks come from within Russia and the People’s Republic of China, split evenly between the two.

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