https://www.channelfutures.com/wp-content/themes/channelfutures_child/assets/images/logo/footer-new-logo.png
  • Home
  • Technologies
    • Back
    • SDN/SD-WAN
    • Cloud
    • RMM/PSA
    • Security
    • Telephony/UC/Collaboration
    • Cable
    • Mobility & Wireless
    • Fiber/Ethernet
    • Data Centers
    • Backup & Disaster Recovery
    • IoT
    • Desktop
    • Artificial Intelligence
    • Analytics
  • Strategy
    • Back
    • Mergers and Acquisitions
    • Channel Research
    • Business Models
    • Distribution
    • Technology Solutions Brokerages
    • Sales & Marketing
    • Best Practices
    • Vertical Markets
    • Regulation & Compliance
  • MSP 501
    • Back
    • 2022 MSP 501 Rankings
    • 2022 NextGen 101 Rankings
  • Intelligence
    • Back
    • Galleries
    • Podcasts
    • From the Industry
    • Reports/Digital Issues
    • Webinars
    • White Papers
  • Channel Futures TV
  • EMEA
  • Channel Chatter
    • Back
    • People on the Move
    • New/Changing Channel Programs
    • New Products & Services
    • Industry Honors
  • Resources
    • Back
    • Advisory Boards
    • Industry Organizations
    • Our Sponsors
    • Advertise
    • 2023 Editorial Calendar
  • Awards
    • Back
    • 2022 MSP 501
    • Channel Influencers
    • Circle of Excellence
    • DE&I 101
    • Technology Advisor 101 (TA 101)
  • Events
    • Back
    • 2023 Call for Speakers
    • CP Conference & Expo
    • MSP Summit
    • Channel Partners Europe
    • Channel Partners Event Coverage
    • Webinars
    • Industry Events
  • About Us
  • DE&I
Channel Futures
  • NEWSLETTER
  • Home
  • Technologies
    • Back
    • SDN/SD-WAN
    • Cloud
    • RMM/PSA
    • Security
    • Telephony/UC/Collaboration
    • Cable
    • Mobility & Wireless
    • Fiber/Ethernet
    • Data Centers
    • Backup & Disaster Recovery
    • IoT
    • Desktop
    • Artificial Intelligence
    • Analytics
  • Strategy
    • Back
    • Mergers and Acquisitions
    • Channel Research
    • Business Models
    • Distribution
    • Technology Solutions Brokerages
    • Sales & Marketing
    • Best Practices
    • Vertical Markets
    • Regulation & Compliance
  • MSP 501
    • Back
    • 2022 MSP 501 Rankings
    • 2022 NextGen 101 Rankings
  • Intelligence
    • Back
    • Galleries
    • Podcasts
    • From the Industry
    • Reports/Digital Issues
    • Webinars
    • White Papers
  • Channel Futures TV
  • EMEA
  • Channel Chatter
    • Back
    • People on the Move
    • New/Changing Channel Programs
    • New Products & Services
    • Industry Honors
  • Resources
    • Back
    • Advisory Boards
    • Industry Organizations
    • Our Sponsors
    • Advertise
    • 2023 Editorial Calendar
  • Awards
    • Back
    • 2022 MSP 501
    • Channel Influencers
    • Circle of Excellence
    • DE&I 101
    • Technology Advisor 101 (TA 101)
  • Events
    • Back
    • 2023 Call for Speakers
    • CP Conference & Expo
    • MSP Summit
    • Channel Partners Europe
    • Channel Partners Event Coverage
    • Webinars
    • Industry Events
  • About Us
  • DE&I
    • Newsletter
  • REGISTER
  • MSPs
  • VARs / SIs
  • Agents
  • Cloud Service Providers
  • Channel Partners Events
 Channel Futures

Security


Shutterstock

Security

Delinea: Ransomware Attacks Down 61% in 2022, Ransom Payments Also Drop

  • Written by Edward Gately
  • January 10, 2023
Any signs of complacency could lead to a surge in attacks this year.

Here’s some unexpected news. The number of organizations victimized by ransomware attacks sharply declined in 2022, as did the number of organizations paying ransom.

That’s according to Delinea‘s 2022 State of Ransomware Report. The survey of 300 U.S.-based IT decision makers, conducted on Delinea’s behalf by Censuswide, found that only 25% of organizations were victims of ransomware attacks in 2022. That’s a 61% decline from the previous 12-month period when 64% of organizations reported being victims.

Furthermore, the number of victimized companies that paid the ransom declined from 82% to 68%. That could be a sign that organizations are heeding warnings and recommendations from the FBI not to pay ransoms.

Larger companies are much more likely to be victims of ransomware. Fifty-six percent of companies with 100 or more employees said they were victims of ransomware attacks.

Consequences of Ransomware Attacks in 2022

The survey also revealed the consequences of ransomware attacks are now more tangible, as more respondents specified that their companies lost revenue (56%) and customers (50%) compared to the previous year. Fewer organizations (43%) reported reputational damage as a result of being victims of a ransomware attack.

Joseph Carson is Delinea‘s chief security scientist and advisory CISO. He said the declines show organizations learned from past mistakes, and have shored up protections against this attack approach.

Delinea's Joseph Carson

Delinea’s Joseph Carson

“It’s also interesting that fewer companies are paying the ransom when victims of an attack, which could be attributed to having better data backups, leveraging cyber insurance or simply taking advice from organizations like the FBI,” he said.

However, companies are backsliding or stagnating in ransomware protection measures, Carson said. Fewer organizations have an incident response plan, and fewer have budget allocations specifically to protect against ransomware.

Ransomware Still Significant Threat to All Organizations

Ransomware is still a significant concern and threat to any organization, Carson said. Some of the signs of complacency in the survey could be a harbinger of an increase in ransomware in 2023.

“Our latest ransomware report shows that larger organizations do tend to be victims more than smaller ones,” he said. “But that can’t be associated with a reduced risk for any specific type or organization. The reality is that any organization is a potential target for ransomware, and must be prepared for when – not if – they are attacked.”

Any time focus is taken away from the risks that are present, that amplifies the risk, Carson said. That focus could mean strategy and planning, day-to-day monitoring, or monetary investments in the right technologies to avoid becoming a victim. Vigilance is always required. And when it comes to cybersecurity, it’s even more critical.

“There are several ways organizations can protect themselves from ransomware attacks,” he said. “Some of them are fairly obvious after-the-fact protections such as performing frequent data backups, having a comprehensive incident response plan, and investing in cyber insurance policies that cover ransomware recovery and payments. But organizations should take a more proactive approach to cybersecurity, in particular where they are most vulnerable to these types of attacks, namely identity and access controls. By taking a least-privilege approach founded on zero trust principles and enforced by methods such as password vaulting and multifactor authentication (MFA), organizations can significantly reduce their vulnerability to ransomware attacks.”

Want to contact the author directly about this story? Have ideas for a follow-up article? Email Edward Gately or connect with him on LinkedIn.
Tags: MSPs VARs/SIs Backup & Disaster Recovery Best Practices Channel Research Security Technologies

Most Recent


  • the software patching problem - solved
    The Software Patching Problem - Solved
    Organizations are struggling to keep up with the pace of software security patches and updates, making automation essential.
  • Making Waves
    7 Channel People Making Waves This Week at Pax8, Canalys, Microsoft, Splunk, More
    Over 100,000 unfilled jobs for IT professionals have been eliminated.
  • Public Cloud Spending Is Slowing: AWS, Google Cloud Sales Down (Not Out)
    The numbers mesh closely with Microsoft’s Intelligent Cloud results, indicating industry-wide pullbacks.
  • Collin Ellis at Zero Trust World 2023
    Zero Trust World 2023: A Deep Dive Into the Dark Web, ThreatLocker Gold Partner Awards
    Cybercriminals will steal data just to prove someone has bad security.

Leave a comment Cancel reply

-or-

Log in with your Channel Futures account

Alternatively, post a comment by completing the form below:

Your email address will not be published. Required fields are marked *

Related Content

  • Making Waves
    7 Channel People Making Waves This Week at AWS, IBM, Cato Networks, Cloud Software Group, More
  • Success compass
    The Gately Report: LogRhythm's 'Maniacal' Focus on Customer Success Benefits Partners
  • Data Center tour
    Intel Launches 4th Gen Xeon Scalable Processors for Data Centers, Cloud
  • Cloud dollars
    New Services to Sell: AWS, HPE, RingCentral, CCaaS Enhancements, More

Upcoming Events

View all

Channel Partners Conference & Expo

May 1, 2023 - May 4, 2023

Channel Partners Europe

June 13, 2023 - June 14, 2023

Channel Futures Leadership Summit

October 30, 2023 - November 2, 2023

Galleries

View all

7 Channel People Making Waves This Week at Pax8, Canalys, Microsoft, Splunk, More

February 3, 2023

Post-TBI Acquisition, Partners Weigh the Future of AppDirect, TSDs

February 3, 2023

Juniper Networks Shows ‘Swagger’ with Ambitious Growth Strategy

February 3, 2023

Industry Perspectives

View all

The Software Patching Problem – Solved

February 3, 2023

How to Break Through the Growth Ceiling

February 1, 2023

5 Things to Look for in a UC Partner

January 31, 2023

Webinars

View all

Next-Generation MSP Platform: The Building Blocks for Your Business

February 15, 2023

How To Boost Your Business With White-Label UCaaS

February 28, 2023

Security Secrets of the MSP 501: How to Be a Cyber Leader in 2023

December 15, 2022
  • 1

White Papers

View all

6 UCaaS Reseller Challenges and How Real World Businesses Solved Them

February 1, 2023

Frost Radar: North American UCaaS Market, 2022

February 1, 2023

The Complete Guide to White-Label UCaaS for Reseller Success

February 1, 2023

Channel Futures TV

View all

Coffee with Craig and James Episode 117: Cato Networks, Video Killed the Podcast Stars

Retired Astronaut Capt. Scott Kelly Previews His CP Expo Keynote

December 21, 2022

Fusion Connect Eyes Future with Intrado UC, Managed Network Customers

September 23, 2022

RingCentral Focused on Hybrid Work, Microsoft Teams, Other Integrations

September 23, 2022

Twitter

ChannelFutures

Channel people making waves include: @RobTRae, @vasujakkal, @ReneeIMCloud, @garylsteele dlvr.it/ShvjQ3 https://t.co/yz09flzXvV

February 3, 2023
ChannelFutures

The slowdown in #publiccloud spending is real and it’s arrived at #AWSCloud and #GoogleCloud.… twitter.com/i/web/status/1…

February 3, 2023
ChannelFutures

#ZTW23: @ThreatLocker Gold Partners announced, deep dive into the dark web. dlvr.it/ShvFGF https://t.co/k68BfzLToq

February 3, 2023
ChannelFutures

Channel Partner Success Story: Forerunner Technologies - Learn how @NEC UNIVERGE BLUE Cloud Solutions enabled… twitter.com/i/web/status/1…

February 3, 2023
ChannelFutures

Partners and suppliers weighed in on the AppDirect-TBI acquisition and its implications for the channel.… twitter.com/i/web/status/1…

February 3, 2023
ChannelFutures

Read about @coxbusiness' acquisition of @Logicworks. dlvr.it/Shty4t https://t.co/3MaKai6SVr

February 3, 2023
ChannelFutures

Where in the world are the top MSPs?? Take a look at the infographic breakdown of 2022 #MSP501 winners by region >>… twitter.com/i/web/status/1…

February 3, 2023
ChannelFutures

.@SovosCompliance offers tips for how and when to revamp #partnerplans. dlvr.it/ShtDgv https://t.co/vPzajXnjee

February 3, 2023

MSP 501

The industry's largest and most comprehensive partner awards program.

Newsletters and Updates

Sign up for The Channel Report, Channel Futures Update, MSP 501 Newsletter and more.

Live Channel Events

Get the latest information on the next industry-leading Channel Partners event.

Galleries

Educational slide shows and images from live events.

Media Kit And Advertising

Want to reach our audience? Access our media kit.

DISCOVER MORE FROM INFORMA TECH

  • Channel Partners Events
  • Telecoms.com
  • MSP 501
  • Black Hat
  • IoT World Today
  • Omdia

WORKING WITH US

  • Contact
  • About Us
  • Advertise
  • Newsletter

FOLLOW Channel Futures ON SOCIAL

  • Privacy
  • CCPA: “Do Not Sell My Data”
  • Cookie Policy
  • Terms
Copyright © 2023 Informa PLC. Informa PLC is registered in England and Wales with company number 8860726 whose registered and Head office is 5 Howick Place, London, SW1P 1WG.
This website uses cookies, including third party ones, to allow for analysis of how people use our website in order to improve your experience and our services. By continuing to use our website, you agree to the use of such cookies. Click here for more information on our Cookie Policy and Privacy Policy.
X