Ransomware is a growing security problem and one of the biggest forms of cybercrime that organizations face today. Every day, news feeds feature stories of criminals who brazenly announce they’re holding business-critical data hostage until a ransom is paid. And there is no guarantee of getting that data restored, even if you pay the ransom.Managed by well-funded criminal organizations with squads of full-time developers, ransomware has become a lucrative business. According to CyberSecurity Ventures,[1] ransomware claims a new victim every 5 seconds, and as of 2021 damage costs worldwide have reached $20 billion. That’s a 57x increase in just 6 years – more than enough to keep your CISO up at night.To read this article in full, please click her
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