"The global average cost of a data breach climbed to $4.88 million in 2024, illustrating that recovery costs can escalate quickly for organizations handling sensitive data."
"Ransomware payments have increased, with the average ransom exceeding $1 million in 2025, potentially wiping out annual profits for mid-sized companies."
"Modern attackers rarely stop at encryption; data is often exfiltrated before systems are locked, creating leverage for double-extortion tactics."
"Backup without active cyber protection leaves critical weaknesses, including backups being targeted and deleted before encryption triggers and sensitive data leaking after restoration."
Cyber incidents result in severe consequences, including regulatory fines, legal actions, and reputational damage. The average cost of a data breach reached $4.88 million in 2024, with ransom payments exceeding $1 million in 2025. Traditional backup methods are insufficient as modern attackers employ double-extortion tactics, often exfiltrating data before encryption. This highlights the need for a unified strategy that integrates backup and active cyber protection to address vulnerabilities and prevent repeat incidents, especially in cloud environments and hybrid infrastructures.
Read at London Business News | Londonlovesbusiness.com
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