Intelligent CIO APAC Issue 07 | Page 23

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CROWDSTRIKE REPORT REVEALS AUSTRALIAN ORGANIZATIONS SUFFER MORE RANSOMWARE ATTACKS THAN THE REST OF THE WORLD

CrowdStrike ’ s 2020 Global Security Attitude report reveals the startling rate at which Australian organisations are being targeted by ransomware attackers , and their concerns about state sponsored threats as COVID-19 lingers and international tensions grow .

CrowdStrike has released its global cybersecurity

survey , which finds that over two-thirds ( 67 %) of Australian organizations have suffered a ransomware attack in the last 12 months , which is higher than the global average of 57 %.
Australian organizations are also increasingly concerned about nation-state attacks .
Moreover , one-third ( 33 %) of Australian organizations that have been subjected to ransomware attacks have paid the ransom , costing each business A $ 1.25 million on average . The percentage of ransom payments made by Australian organizations is higher than any other country in the Asia Pacific region and more than the global average ( 27 %).
Of those surveyed , 74 % indicate that COVID has proven to be a catalyst for long-awaited approvals on security upgrades that can help identify and mitigate ransomware threats . The report also finds that more cybersecurity experts in Australia are more concerned about ransomware attacks due to COVID-19 ( 80 %), which is more than the global average of 71 %.
Australian organizations are also increasingly concerned about nation-state attacks in the wake of COVID-19 ( 62 %), with 71 % believing that nation-state sponsored attacks will pose the single biggest threat to organizations like theirs in 2021 . In fact , more than eight in 10 ( 82 %) believe that attacks from China and Russia specifically pose a clear and present danger to Australia , and that growing international tensions will
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