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Ransomware causes massive disruption to business operations as well as financial havoc. In addition to sensitive data, customer trust and company reputation are at risk. Fortinet's robust cybersecurity solutions enable protection against today’s ever-evolving ransomware threats. Our innovative approach combines security features for comprehensive defense against ransomware attacks. 

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2023 Fortinet Survey Finds 78% of Organizations Felt Prepared for Ransomware Attacks, Yet Half Still Fell Victim

Fortinet published its 2023 Global Ransomware Report based on a recent global survey conducted by Fortinet. The ransomware survey explores cybersecurity leaders’ perspectives on ransomware, particularly how it impacted their organizations in the last year, and their strategies to mitigate an attack. Key findings from the global survey include:

  • The global threat of ransomware remains at peak levels...
  • The top challenges to stopping a ransomware attack were people and process related....
  • There are a range of technologies viewed as essential to prevent ransomware...
  • Despite the global macroeconomic environment, security budgets will increase in the next year with a focus on AI/ML technologies to speed detection...
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The 2023 Global Ransomware Report

Fortinet recently surveyed 569 cybersecurity leaders and decision-makers from organizations of all sizes and industries around the globe to understand their perspectives on ransomware, how it has impacted their organizations, and what strategies they have in place to mitigate a potential attack. In this year’s survey, more than 80% of respondents say they are “very” or “extremely” concerned about the threat of ransomware, yet a similar number (78%) of organizations surveyed also believe they are “very” or “extremely” prepared to thwart a breach. Despite those concerns and feelings of preparedness, half of the organizations surveyed still fell victim to ransomware last year.

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Fortinet Solutions News

State of Ransomware

Ransomware threats are intensifying, targeting all types of organizations and critical infrastructure with advanced tactics like double extortion and supply-chain compromises. Escalating attack frequency underscores the urgency for robust cybersecurity, user education, and proactive defense. Collaboration among governments, businesses, and cybersecurity experts is pivotal to curb this growing menace.

 

2024 Threat Predictions Report | FortiGuard Labs
In our 2024 threat predictions report, our FortiGuard Labs team looks at a new era of advanced cybercrime, examines how AI is changing the (attack) game, shares fresh threat trends to watch for this year and beyond.
Threat Predictions for 2024 | FortiGuardLIVE
Douglas Santos and Aamir Lakhani discuss attack trends they see coming to 2024 including: Ransomware and Malware, The Evolution of Old Threats. and Cybercrime-as-a-Service.
The Rise and Evolution of Ransomware | Fortinet Security Summit 2023
Stanford researcher and former senior White House cyber official, Andrew Grotto joined the #Fortinet Security Summit at the 2023 FortinetChampionship to discuss the future of cyber policy and examine the rise and evolution of ransomware.

Ransomware Resources