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Two in five organisations hit by ransomware

Quantum has released new survey data that reveals the most common challenges organisations struggle with around effective data management, storage and analysis.

Two out of five respondents reported that their organisation had been a victim of a successful ransomware attack in the last two years, with 82% of organisations defaulting to paying the ransom. In addition to the cost of the ransom itself, attacks can have an impact on organisation productivity – the survey found that the median cost for ransoms was reported as $375K – which equates to the cost of approximately 2.1 hours of downtime for a mission-critical workload. Out of those surveyed, 87% of respondents say their executives are concerned about future ransomware attacks and on the other hand, just 6% of organisations impacted could restore from an air-gapped backup solution.