Ransomware victims unable to recover over 40 percent of affected data

Ransomware remains an ongoing threat for organizations and is the largest single cause of IT outages and downtime as 41 percent of data is compromised during a cyberattack, according to the latest Veeam 2024 Ransomware Trends Report. The report, based on 1,200 responses from organizations that have faced a security incident, reveals that only 57 percent of the compromised data is usually recovered, leaving organizations vulnerable to substantial data loss and negative business impacts as a result. 'Ransomware is endemic, impacting three out of four organizations in 2023. AI is now enabling the creation of smarter, more advanced security, but… [Continue Reading]