Ransomware attacks carry huge financial impacts - but CISO worries still aren't stopping firms from paying out
Briefly

A survey reveals ransomware attacks impose an average recovery cost of $4.5 million, with 72% of businesses experiencing attacks in the past year. Concerns over cyber threats are prevalent, with 73% of respondents fearing a successful attack could severely disrupt operations. While many can recover quickly, 5% of firms reported taking over two weeks. Ransomware poses a significant threat for organizations, prompting calls for cyber resilience strategies. Essential actions include remote recovery capabilities to manage compromised devices and mitigate potential damages from ransomware incidents.
"Every organization is a target for a ransomware attack, threats are a case of when, not if, so every organization needs a policy of cyber resilience, planning to recover from threats, not just prevent them."
"Giving security teams the ability to remotely quarantine, or recover, update, and restore, compromised devices can prevent ransomware attacks from consuming an organization, preventing the spread of the breach and maintaining uptime in the face of threats."
Read at IT Pro
[
|
]