Business owners in the US recognize the severity of ransomware attacks and the possibility of disrupting their business, but 84 percent say they will not pay the ransom in case of a ramsomware attack, according to IDT911. 
Of these business owners, some people often make frequent back-up of their records and therefore could restore procedures, while others simply will not pay cyber criminals even if it meant not recovering the data their.
Security experts have predicted that 2016 will be the year of ransomware, following a dramatic rise in ransomware attacks last year. malware.
The FBI's Internet Crime Compliant Center reports a total of 2.453 ransomware complaints about 2015, which cost their victims more than 24 million dollars.
From January 1, Symantec Security Response has recorded an average of 4.000 ransomware attacks per day, a 300 percent increase from last year.
While such an intervention is detrimental to organizations of all sizes, every minute a business is forced to stay offline, is particularly detrimental to revenue inputs.
More than half businesses (60 percent) recognize the seriousness of such an attack and agree that they should report it to law enforcement immediately. One in three respondents (33 percent) report that they could not stay without access to critical business systems for any length of time.
Despite increased awareness of ransomware attacks, research responses have shown that business owners have too much confidence in their back-up systems:
The majority (65 percent) currently do not, and will not, budget additional funds to regain access to infected systems, and more than half (52 percent) have no insurance protection in Internet.
The main findings of the survey:
- Only three per cent states that they will pay 10.000 dollars or more for a ransomware attack, while 10 percent says it will pay from 1 to 100 dollars.
- Nearly a quarter of business owners (22 per cent) report that they recognize the need to back up their data.
- Female business owners are more likely to report ransomware attacks to authorities immediately.
- 18-34 age owners are more likely to have online insurance in their business than those aged 35-44.
