10 Ways to Fortify Ransomware Recovery Defenses

THE GROWING THREAT OF RANSOMWARE

From a business perspective, ransomware recovery has never been more important as attacks are increasing exponentially. Multiple research studies found that over 50% of all organizations were hit by ransomware in 2020. According to Gartner1, by 2025, ransomware attacks are expected to increase by 700% and at least 75% of IT organizations will face one or more attacks.

The costs to the infected organizations are increasing as well. A Forrester2 study found that only 25% of organizations were able to recover between 75% and 100% of their data after a ransomware attack. And IBM3 calculated that the average cost of a ransomware attack has now reached $4.4 million (USD) — and that doesn't include the intangible costs of losing customers and partners' confidence.

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