Ransomware is still on the rise despite companies' cyber spending: Report

today based on a survey of 310 IT professionals at organizations with at least 500 employees. The survey was conducted between September 2021 and August 2022.In the survey, 90% said they were affected by ransomware in the last 12 months — up from 72.5% the year before.

Companies with more than 25,000 employees saw the biggest jump in ransomware: 82% were targeted in the last year, compared to 52% the year before.The tools and plans companies invest in to prevent ransomware don't appear to be working, Roughly one in four IT professionals said their companies plan to invest in credential-monitoring tools in the next year.More companies have turned to alternative ransomware response methods in the last year.

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