Tag: ransom payment

The concept of a crisis and how to manage it isn’t foreign to anyone running a business. Something untoward happens, it affects the business and then there are a host of effects ranging from revenue loss, reputation management and compliance questions.

We commissioned an independent, vendor-agnostic survey of 3,000 IT/cybersecurity leaders in mid-sized organisations (100-5,000 employees) across 14 countries, including 200 respondents in South Africa.

Impacts vary, but in many cases, ransomware disrupts businesses for significant periods or even forces them to suspend operations or close. A growing population of highly capable cyber extortionists is developing a new means to counter defences and increase the level of disruption they can inflict constantly.

Virtualisation in the cloud and the advancement of internet-connected devices have made running industrial systems much more manageable. However, these technologies are also introducing operational environments to new vulnerabilities and risks.