Yahya Patel emphasizes the escalation of ransomware from a singular threat to a 'triple extortion' epidemic, significantly impacting both victims and their customers.
Patel asserts that a staggering 'nearly a million ransomware attacks per day' in 2023 led to over a billion dollars in payments, highlighting the dire need for remediation.
Sophos' report indicates that having uncompromised data backups vastly improves recovery chances from ransomware, shedding light on the necessity of a strong remediation strategy.
Aaron Bishop warns that without a robust remediation strategy, businesses risk regulatory fines and lawsuits, often relying on inadequate disaster recovery plans.
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