31% of US companies are forced to close down after a ransomware attack

Data from Atlas VPN is shows that '31% of US companies close down after falling victim to ransomware', according to a new report.

@JakConnorTT
Published Thu, Jul 15 2021 2:31 AM CDT   |   Updated Thu, Aug 12 2021 6:03 AM CDT

Ransomware has become a big deal with the recent attack on the US by a Russian-linked hacking group that was carried out on July 4.

31% of US companies are forced to close down after a ransomware attack 01 | TweakTown.com
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Atlas VPN, a free VPN app, has posted an update to its blog where it states that with data it has acquired, "31% of businesses in the US are forced to close down as a consequence of falling victim to ransomware attacks." For those that don't know, ransomware is a form of malware where an individual threatens to publish personal data of a victim that is then forced into paying the individual, either for access to the data or for it not to be published.

Atlas VPN states that the data provided here has been sourced from Cybereason, who surveyed 1,263 cybersecurity professionals in April 2021. Of those 1,263 cybersecurity professionals, it was found that companies between 500+ employees were most likely to fall victim to ransomware (30%), followed by companies with 250-500 employees (23%), "100-249 employees (25%), 50-99 employees (11%), 10-49 employees (10%), and fewer than 10 people (1%)."

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31% of US companies are forced to close down after a ransomware attack 06 | TweakTown.com

For more information on this story, check out this link here.

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Jak joined the TweakTown team in 2017 and has since reviewed 100s of new tech products and kept us informed daily on the latest science and space news. Jak's love for science, space, and technology, and, more specifically, PC gaming, began at 10 years old. It was the day his dad showed him how to play Age of Empires on an old Compaq PC. Ever since that day, Jak fell in love with games and the progression of the technology industry in all its forms. Instead of typical FPS, Jak holds a very special spot in his heart for RTS games.

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