Study: 66% of Organizations Won’t Recover After Cyberattack

A recent study performed by IBM’s Resilient and the Ponemon Institute found that 66% of organizations would be unable to recover from a cyberattack. The results of the 2016 Cyber Resilient Organization study show a decline in organizational resilience against cyberattacks. Of the respondents, 32% of IT and security professionals ranked their resilience as high. That same number was 35% in 2015, marking a drop over the past 12 months. A press release announcing the study defined resilience as “an organization’s ability to maintain its core purpose and integrity in the face of cyberattacks.” (Tech Republic)
Make America Vulnerable (Again). Given that most phishing attacks are ransomware attacks or that 77% of ransomware attacks successfully bypass email filtering, this doesn’t exactly instill a lot of confidence in the future of the private sector. Granted, businesses go under all the time, but in this case no business need run the risk of closing its doors due to a ‘cyber’ issue if they would just address some fundamentals. Good security need not be complicated, expensive, or time-consuming. Nothing is guaranteed, but do you want to go down fighting or with a self-inflicted wound?

Also published on Medium.

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