Summary
The latest Verizon Data Breach Investigations Report reveals a dramatic increase in ransomware attacks, indicating a troubling trend that is impacting businesses significantly. With ransomware present in 44% of confirmed data breaches, rising 37% from last year, companies need to bolster their cybersecurity efforts urgently. The report stresses the necessity of a multi-layered defence approach to fend off these attacks effectively.
Key Points
- Ransomware attacks have surged by 37% in the last year, now accounting for 44% of data breaches.
- The median ransom paid has decreased from $150,000 to $115,000, indicating shifting dynamics in the ransomware landscape.
- Experts stress that organisations must adopt a multi-layered security strategy to combat the increasing threat.
- Popularisation of Ransomware-as-a-Service and rising cryptocurrency use are contributing to the outbreak of attacks.
- Businesses need to focus on robust backup strategies as the threat landscape evolves, targeting backup repositories significantly.
Why should I read this?
If you care about the security of your data—and let’s face it, who doesn’t?—this article is a must-read. It lays out exactly how serious the ransomware threat is and gives practical advice on how to fortify your cybersecurity defences. Save yourself some potential hassle and get clued up on the latest tactics and statistics that could save your business from being the next victim.