In 2024, businesses paid $813 million to cyber criminals as the result of ransomware. That’s an astronomical sum, highlighting the immense financial burden cybercrime places on organizations. Rhode Island’s cyberattack of December 2024, where state officials paid out a $5 million ransom, also serves as a cautionary tale. While the state ultimately recovered its data, […]
The post Breaking the Cycle: Prioritizing Recovery Over Ransom Payments first appeared on Cybersecurity Insiders.
The post Breaking the Cycle: Prioritizing Recovery Over Ransom Payments appeared first on Cybersecurity Insiders.
This article has been indexed from Cybersecurity Insiders