Datto State of the Channel Ransomware Report

This report is a comprehensive analysis of ransomware's impact on small-to-mid-sized businesses (SMBs) based on survey findings from over 1,700 Managed Service Providers (MSPs). It outlines the increasing frequency of ransomware attacks, with 5% of global SMBs reportedly falling victim between Q2 2016 and Q2 2017. The report details that 97% of MSPs believe these attacks are becoming more common, and 99% predict a continued rise in the next two years. It documents the financial implications, noting that the total ransom paid by SMBs reached $301 million, while also highlighting that 15% of those who paid the ransom did not recover their data. The report emphasizes the necessity of backup and disaster recovery solutions, stating that 96% of MSPs reported successful recovery from ransomware when such measures are in place. Additionally, it discusses the lack of cybersecurity training among SMB employees as a significant factor contributing to ransomware infections.