According to a recent survey conducted in Australia, it has turned out that Australian organizations that use Multi-cloud are more vulnerable to ransomware attacks and will usually pay extortion to retrieve their data. The report stated that 57% of local organizations run multi-cloud and operate between 15 and 20 cloud services. While 33% of the organizations that use 20 or more cloud services paid the ransom, only 19% of organizations with less than 5 clouds did the same.

The survey was completed in September this year and it included 150 Australia’s senior IT executives that worked in companies with 1,000 or more employees.

“We’re seeing a lag between the rapid expansion of the threat surface that comes with increased multi-cloud adoption, and the deployment of data protection solutions needed to secure them,” Veritas Technologies managing director Howard Fyffe said.

“Our research shows that the Essential Eight compliance is critical. Fortunately, some businesses are investing to close that resiliency gap — but unless this is done at greater speed companies will remain vulnerable.”

When the pandemic started, 53% of Australian IT executives revealed that their companies spent more on security and were able to restore 90% or more of their data. Those who spent less retrieved only 43% of their data.

Still, it’s not all that bad for Australian organizations. When compared on a global basis, Australians were hit by 1.14 ransomware attacks, which is below the average of 1.87.

Source: https://www.zdnet.com/article/survey-says-australian-companies-with-multi-cloud-more-likely-to-pay-ransom/

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