A new report reveals ransomware remains one of the top cyberattack methods making up 24% of all breaches.
Verizon Business recently released the results of its 16th annual Data Breach Investigations Report (2023 DBIR), which analyzed 16,312 security incidents and 5,199 breaches. Chief among its findings is the rising cost of ransomware — malicious software (malware) that encrypts an organization’s data and then extorts large sums of money to restore access.