Ransomware Attacks Have Doubled in Past 2 Years: GetApp

U.S. businesses are at a high and growing risk of data security threats from “increasingly effective phishing attempts and the lack of procedures to restrict data access,” reported GetApp Tuesday. “Newer companies are especially vulnerable to security threats,” said GetApp, which bills itself as the recommendation engine for small businesses. The company canvassed about 1,000 respondents in August, finding the total number of ransomware attacks has doubled in the past two years, while the proportion of companies paying the ransom has “steadily decreased,” it said. “This finding can be attributed to more companies either successfully decrypting data and removing the malware or recovering from the attack by using a backup without paying a ransom.”