According to the latest Veeam report, ransomware attacks remain a pressing concern, affecting 69% of companies despite a slight decrease. This reduction stems from better preparation and collaboration between IT and cybersecurity teams. Recovery from attacks has proven difficult, with only 10% of businesses recovering above 90% of data and 57% recovering under half. The report also notes an alarming uptick in data exfiltration tactics, where attackers steal sensitive information rather than encrypt it. Nonetheless, there is a positive trend in diminished ransomware payments, with 36% of victims refusing to pay.
The slight decline in ransomware impacts can be attributed to improved preparation and collaboration between IT and security teams, though recovery rates remain troubling.
Veeam's report reveals that despite reduced attack percentages, only 10% of organizations recovered over 90% of data after a ransomware attack.
A concerning trend highlighted is the rise in data exfiltration attacks, where cybercriminals focus on stealing sensitive information instead of encrypting it.
The report shows a positive trend as 36% of affected organizations opted not to pay ransom demands, indicating heightened resilience against cyber threats.
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