What does the BullWall 2023 Ransomware Report cover?

The report presents insights from a survey of cybersecurity professionals, focusing on ransomware threat preparedness, defense strategies, and identifying security gaps.

How likely do professionals believe a ransomware attack is in the next year?

According to the report, 79% of respondents consider it moderately to extremely likely that their organization will be targeted by a ransomware attack within the next year.

What are the key motivations for improving ransomware defenses?

Key drivers include protecting confidential information, limiting downtime, mitigating financial costs, protecting brand reputation, and staying ahead of emerging threats.

2023 Ransomware Report

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In the ever-evolving landscape of ransomware threats, cybersecurity professionals must reassess defense strategies and proactively stay ahead of these menacing cyber-attacks. This 2023 Ransomware Report presents insights gathered from a survey of 435 cybersecurity professionals, shedding light on organizations’ preparedness and approaches to combating ransomware. The report identifies gaps and obstacles that hinder the enhancement of security posture, covering prevention to remediation strategies.

Key findings include

79% of respondents say it is moderately to extremely likely their organization will be the target of a ransomware attack within the next year.

Yet only 40% are confident their organization’s defenses are capable of detecting and blocking ransomware.

The primary drivers for improving ransomware defenses include protecting confidential information (76%), limiting downtime (75%), mitigating financial costs (64%), protecting brand reputation (60%) and staying ahead of emerging threats (48%).