How to block bad actors and become more cyber resilient
As a wise man once said, a failure to plan is a plan to fail. This is especially true in the world of cybersecurity, where it is all but inevitable that an organization will face a security incident.
According to the 2024 Data Protection Trends report from Veeam, ransomware is the leading type of cyber crime, due to its lucrative nature. Cyber criminals have found that stealing, encrypting and selling data back to their victims is highly profitable, which has led to ransomware becoming a billion-dollar industry. Between ransom payments, maintenance, and lost business due to downtime, the average ransomware attack costs a business around £3.5 million.