The Sophos survey showed that 95 % of Philippine companies agree their biggest security challenge in the next 24 months will be the awareness and education of employees and leadership.
According to Arcserve, even before a cyberattack occurs, companies should already create three copies of their valuable data — one primary copy and two backups.
According to IDC's latest survey, almost half (44%) of the respondents indicated the willingness to pay the ransom in hopes of retrieving affected files, either internally or through insurance payout.
In March, Arcserve announced its merger with StorageCraft, making the company one of the fifth largest data management and protection vendors around the world.
A new research study from software firm Veritas Technologies has found that consumers overwhelmingly believe businesses should stand up to hackers and refuse to pay ransoms.