Datto’s European State of the Channel Ransomware Report

Datto’s European State of the Channel Ransomware Report

By Annie Stroud

We recently surveyed nearly 300 MSPs who serve small-to-mid sized businesses in Europe about ransomware. We published the key findings in Datto’s European State of the Channel Ransomware Report.

The report provides a unique visibility into the state of ransomware from the perspective of the IT Channel and their SMB clients who are dealing with these infections on a daily basis.

Lets check out a few key takeaways from the report:

  • From Q2 2016 - Q2 2018, 84 percent of MSPs report ransomware attacks against customers, which is higher than all other continents.
  • In the first half of 2018, an alarming 42 percent of MSPs report clients suffered multiple attacks in a single day (up from 22 percent, year-over-year), which is higher than the global average of 35 percent.
  • The cost of business downtime is over 12X greater than the cost of the ransom requested. MSPs report the average requested ransom for SMBs is ~$2,600 while the average cost of downtime related to a ransomware attack is ~$33,200. This exceeds the global rate where the cost of downtime is 10x greater than the average ransom requested.

To find out more about the current state of ransomware and what MSPs can do to fight back, check out the full report today.

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