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Executives’ Ransomware Concerns Are High, But Few Are Prepared for Such Attacks

Executives’ Ransomware Concerns Are High, But Few Are Prepared for Such Attacks

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A Deloitte poll conducted on June 24, 2021 found that 86.7% of C-suite and other executives expect the number of cyberattacks targeting their organizations to increase over the next 12 months--and that ransomware poses a major concern during that time (64.8%).

A Deloitte poll conducted on June 24, 2021 found that 86.7% of C-suite and other executives expect the number of cyberattacks targeting their organizations to increase over the next 12 months--and that ransomware poses a major concern during that time (64.8%).

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Executives’ Ransomware Concerns Are High, But Few Are Prepared for Such Attacks

  1. 1. Executives’ Ransomware Concerns Are High, But Few Prepare for Such Attacks Deloitte poll results from June 2021
  2. 2. Executives’ Ransomware Concerns Are High, But Few Prepare for Such Attacks Copyright © 2021 Deloitte Development LLC. All rights reserved. 50+ Methodology C-suite and other executives were polled online during a webcast held on June 24, 2021 about cyber threat detection and response. Participating executives held leadership roles in areas including corporate boards (36.7%), IT (34.4%), risk management (12.2%) and security and privacy (6.7%). Answer rates differed by question. In some instances, immaterial amounts (e.g., +/-0.1%) have been added to or removed from the “Don’t know/not applicable” answer responses to bring results to 100% total for each question.
  3. 3. Executives’ Ransomware Concerns Are High, But Few Prepare for Such Attacks Copyright © 2021 Deloitte Development LLC. All rights reserved. Do you expect the number of attacks targeting your organization to change over the next 12 months? Votes received 60 Don’t know / not applicable = 5.0% 86.7% 8.3% 0.0% Yes, I expect it to increase I don’t anticipate any change Yes, I expect it to decrease
  4. 4. Executives’ Ransomware Concerns Are High, But Few Prepare for Such Attacks Copyright © 2021 Deloitte Development LLC. All rights reserved. How prepared is your organization to respond to a ransomware attack? Votes received 54 Don’t know / not applicable = 7.4% 33.3% 53.7% 5.6% We have an incident response plan for cyberattacks generally, but nothing specific to ransomware We’ve simulated such an attack and have a broad, cross-functional incident response plan in place We’re largely unprepared
  5. 5. Executives’ Ransomware Concerns Are High, But Few Prepare for Such Attacks Copyright © 2021 Deloitte Development LLC. All rights reserved. Which of the following threats is of greatest concern to your organization over the next 12 months? Votes received 54 Don’t know = 3.7% 64.8% 24.1% 1.9% 5.6% Ransomware Software supply chain attack Hacktivism Other
  6. 6. Executives’ Ransomware Concerns Are High, But Few Prepare for Such Attacks Copyright © 2021 Deloitte Development LLC. All rights reserved. Media Contacts Taylor Graham Public Relations Deloitte Services LP tagraham@deloitte.com Shelley Pfaendler Public Relations Deloitte Services LP spfaendler@deloitte.com
  7. 7. The statements in this report reflect the aggregation of poll responses and are not intended to reflect facts or opinions of any entities. All data, charts and statistics referenced and presented, as well as the representations made and opinions expressed, unless specifically described otherwise, pertain only to the participants and their responses to the Deloitte poll. The information obtained during the poll was taken “as is” and was not validated or confirmed by Deloitte. This presentation contains general information only and Deloitte is not, by means of this presentation, rendering accounting, business, financial, investment, legal, tax, or other professional advice or services. This presentation is not a substitute for such professional advice or services, nor should it be used as a basis for any decision or action that may affect your business. Before making any decision or taking any action that may affect your business, you should consult a qualified professional advisor. Deloitte shall not be responsible for any loss sustained by any person who relies on this presentation. About Deloitte Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee (“DTTL”), its network of member firms, and their related entities. DTTL and each of its member firms are legally separate and independent entities. DTTL (also referred to as “Deloitte Global”) does not provide services to clients. In the United States, Deloitte refers to one or more of the US member firms of DTTL, their related entities that operate using the “Deloitte” name in the United States and their respective affiliates. Certain services may not be available to attest clients under the rules and regulations of public accounting. Please see www.deloitte.com/about to learn more about our global network of member firms. Copyright © 2021 Deloitte Development LLC. All rights reserved.

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