Paying ransoms is becoming a cost of doing business for many
Today’s pervasive cyberattacks are forcing the majority of companies to pay ransoms and break their ‘do not pay’ policies, with data recovery deficiencies compounding the problem, according to Cohesity. In fact, most companies have paid a ransom in the last two years, and the vast majority expect the threat of cyberattacks to increase significantly in 2024 compared to 2023. Companies brace for increased cyber threats Alarmingly, 79% of respondents said their company had been the … More
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