In 2016, Trend Micro partnered with ISMG to conduct a survey of financial, healthcare, and government organizations to better understand the challenges they are facing with ransomware. Some of the results surprised us while others were somewhat expected based on what we’ve saw throughout 2016.

We all know ransomware has been a major pain for many organizations and have seen a number of high-profile attacks occur in 2016. Trend Micro saw a 748 percent increase in the number of new ransomware families year over year (29 in 2015, 246 in 2016), which shows us that this particular threat has taken the threat actors by storm.