In January 2022, an independent survey involving over 1,000 IT leaders from various global regions revealed significant insights into the impact of ransomware. Participants, who had each experienced at least one cyberattack in 2021, reported an average 47% of their data encrypted by ransomware.
Veeam’s first large-scale ransomware market study aimed to understand the threat’s organizational scope, operational and financial impact, and the adoption of countermeasures. The study revealed that, regardless of size, all organizations faced persistent ransomware threats, as pervasive as traditional disasters like fire or flood.
According to the 2022 Data Protection Trends report, while 76% of organizations had experienced at least one ransomware attack, 24% either evaded such attacks or were unaware of their occurrence. Alarmingly, despite heightened global awareness and training, traditional cyberattack entry points like phishing emails, malicious links, and dubious websites still dominated.
However, improvements are visible, with only 1% of respondents unable to identify the attack entry point, highlighting the effectiveness of advanced monitoring, investigation tools, and prevention strategies.
Ransomware democratizes data theft, targeting data valuable enough to the victims to pay for recovery. Veeam advocates secure backup as the last line of defense against ransomware. Our software-defined approach avoids hardware lock-ins and works with existing on-premises or cloud architectures. We are committed to helping minimize downtime and data loss, thereby avoiding expensive ransom payouts.
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