The Threat of AI-Enhanced Ransomware

Ransomware is no longer a fringe threat but an all-too-common reality for modern enterprises. Onapsis conducted a study of 500 cybersecurity professionals to investigate how organizations are experiencing and managing these attacks. The findings reveal that 83% of organizations have experienced at least one ransomware attack in the last year, with a significant 46% facing four or more. The consequences are severe: 61% of attacks resulted in at least 24 hours of downtime, causing major business disruption.

ERP Systems Are at Risk

The research highlights a critical security gap, as enterprises are well aware of the risks to their mission-critical applications. An overwhelming 71% of the ransomware attacks surveyed affected an Enterprise Resource Planning (ERP) application or system. This is why 93% of respondents believe it is necessary to have a dedicated ERP security solution to protect these vital systems. The data shows that most companies do not trust the integrated security of their ERP platforms to withstand a modern ransomware attack.

Responding to a Ransomware Attack

The findings also provide a stark look at how companies handle these incidents. While 31% of respondents never communicated with threat actors, a notable 46% did so every time. When it comes to paying, 34% of companies always paid the ransom, while 21% paid it some of the time. This underscores the intense pressure organizations face to restore operations, often at a significant financial cost.

To protect your organization from these threats and the operational chaos that follows, a proactive approach is essential. The Onapsis Platform delivers the specialized security needed to defend your business-critical applications against AI-enhanced ransomware.