Year after year, the number of major cyberattacks and their ramifications continue to grow. Despite recent attempts in Washington to expand cybersecurity rules and undermine organized hackers, studies are starting to show that ransomware attacks, the biggest threat of all, keep increasing.
Ransomware’s involvement in data breaches rose by 13% over the past year — more than the increase in the previous five years combined. What’s more, only 19% of cyber risk executives report feeling highly confident in their organization’s ability to understand and respond to cyber threats.