Osirium Technologies plc has shared findings from the latest Osirium Ransomware Index which highlights that ransomware recoveries are taking a week or more in many impacted organizations. Across the 1001 UK IT managers surveyed, 39 percent estimated it would take a week for their business to recover from an attack – with 47 percent admitting it could take a month or more.
Approximately 55 percent of respondents were also of the opinion that whilst some attacks are avoidable, others aren’t.
Other key findings included:
77 percent expressed a growing concern that despite their company having a good protection system in place, they could still be at risk of an attack by proxy – via their supply chain.
Medium and large sized businesses were most concerned about their supply chain putting them at risk (82 percent) yet, despite this, only 44 percent have a strict requirement in place when it comes to the supply chain relationships. 39 percent said they had a loose agreement whilst 8 percent don’t have, or haven’t even considered, one. However, 66 percent of businesses say they ask for regular updates from their supply chain about their measures and protection/recovery plan to tackle ransomware attacks.
69 percent of in-house IT teams have experienced a ransomware attack and that number rises to 88 percent for those with partially or fully outsourced IT.
More than half of those surveyed (56 percent) with fully outsourced IT services said they had also sought specific external consultancy on how to prepare for a ransomware attack. 61 percent of businesses with a mix of in-house and outsourced IT services said they use online backups to prepare for a ransomware attack – versus just 46 percent of businesses with fully internalised IT.
About the research
The survey was carried out on behalf of Osirium by Atomik Research, an independent creative market research agency that employs MRS-certified researchers and abides to MRS code, and surveyed 1001 IT managers across the UK between 30th July and 5th August 2021.