Close X
Thursday, November 14, 2024
ADVT 
National

Study Finds Dozens Of Canadian Firms Have Paid Ransoms To Regain Control Of Data

Darpan News Desk The Canadian Press, 03 Aug, 2016 12:11 PM
    TORONTO — A new report has revealed dozens of Canadian organizations were forced to pay attackers over the past year to regain access to computer files and IT systems infected with ransomware.
     
    The finding is part of an international study conducted on behalf of a Silicon Valley company that fights ransomware, which typically locks legitimate users out of a system and sends a message requiring a payment to get a software code or key.
     
    The Osterman Research study published by Malwarebytes found 44 of the 125 Canadian respondents, all of whom were anonymous, reported having a ransomware attack on their organization in the previous 12 months.
     
    A majority of the victims, 33 of the respondents, said they'd paid ransoms with costs ranging from $1,000 to $50,000.
     
    They study also found 11 of the 44 organizations targeted by ransomware had to shut down their business for a time to deal with the attack and devote an average of nine person-hours to recover.
     
     
    Five of the victim respondents, all identified as working in the health-care industry, said they believed lives were at risk.
     
    "The decision to pay, especially in Canada, is directly linked to the risk of businesses getting shutdown and lives being lost as a result of a ransomware attack," Jerome Segura, a Malwarebytes analyst, said in an email exchange.
     
    "Results from the survey show that health care is one of the most targeted industries among those affected by ransomware.
     
    "Nowadays, most patients' records are digital and access to those is required for treatment procedures. Obviously, the equipment used by medical facilities is also dependent on data stored on computers."
     
    The Canadian findings were part of an international study of a total of 540 people in four countries — Canada, the United States, the United Kingdom and Germany — who are employed as chief information officer, chief information security officer or information technology director. An advance copy was provided to The Canadian Press and released generally on Wednesday.
     
    Surveys of such small samples aren't considered statistically accurate enough to make precise comparison. However, Malwarebytes concludes that firms in Canada were the most likely to indicate they'd paid ransom demands once infected.

    MORE National ARTICLES

    Vancouver Brothers Get Four Years In Prison For $4.9 Million Charity Tax Fraud Scheme

    Vancouver Brothers Get Four Years In Prison For $4.9 Million Charity Tax Fraud Scheme
    Vancouver residents Fareed Raza and Saheem Raza were both found guilty of fraud over $5,000 in December 2015 for issuing fake donation receipts in exchange for cash donations that were not passed on to charity.

    Vancouver Brothers Get Four Years In Prison For $4.9 Million Charity Tax Fraud Scheme

    B.C. Man Accused Of Killing Romantic Rival Says Ex-Girlfriend Hatched Plot

    B.C. Man Accused Of Killing Romantic Rival Says Ex-Girlfriend Hatched Plot
    Tyler Myers, 22, was shot to death in a Salmon Arm schoolyard on Nov. 21, 2008.

    B.C. Man Accused Of Killing Romantic Rival Says Ex-Girlfriend Hatched Plot

    Independent Investigation Launched After Man Fatally Shot By Nanaimo RCMP

    The IIO says police fired shots and the man was transported to hospital but did not survive.

    Independent Investigation Launched After Man Fatally Shot By Nanaimo RCMP

    Former Victoria Seniors Home To House 140 Homeless, Including Tent City Camp

    Former Victoria Seniors Home To House 140 Homeless, Including Tent City Camp
    B.C. paid $11.2 million for the former care facility which will be ready for tenants next month.

    Former Victoria Seniors Home To House 140 Homeless, Including Tent City Camp

    B.C.'s Highest Honour Recognizes 16 Outstanding Citizens

    B.C.'s Highest Honour Recognizes 16 Outstanding Citizens
    For 27 years, the Order of British Columbia has recognized exceptional individuals whose hard work, generosity of spirit and outstanding achievements have contributed immeasurably to the wellbeing of our communities

    B.C.'s Highest Honour Recognizes 16 Outstanding Citizens

    Alberta Farmer Performs C-Section On Dying Doe In Ditch Off B.C. Highway

    Alberta Farmer Performs C-Section On Dying Doe In Ditch Off B.C. Highway
    Barrhead farmer Sean Steele was on his way to visit family in Prince Rupert last week, when he came across the dying doe near Smithers.

    Alberta Farmer Performs C-Section On Dying Doe In Ditch Off B.C. Highway