Ransomware attacks are growing frequently and affecting every sector of the business industry. These attacks can target organizations with phishing emails or exploit an unpatched system, costing them over a billion dollars annually.
The scope and tactics of ransomware attacks constantly evolve, with the prime objectives of stealing a company’s sensitive data, demanding colossal ransom, and disrupting the organization’s operation. There’s up to a 24% increase in global ransomware attacks, and these numbers will likely grow in the future.
As the ransomware attacks have taken a dark turn, fighting off these attacks has become vital. Defending against ransomware attacks requires a holistic approach that brings together the entire organization. Therefore, learning about the different ways to prevent ransomware attacks is essential.
The current state of Ransomware attacks
Ransomware attacks are a global threat, and 80% of organizations experienced a ransomware attack in 2021. These attacks are successful because organizations remain vulnerable to poor password practices, remote working culture, unsecured systems, and lack of awareness about these attacks.