In today’s digital realm, the battle against cybercrime rages on, leaving organizations vulnerable. The escalating frequency and sophistication of cyberattacks underscores the need for robust infrastructure solutions that can safeguard data and maintain business continuity. It seems that we’re seeing new breaches every week. One can only imagine how it feels after being breached. Let’s look at some key statistics:
- A March 2023 press release from the FBI’s Internet Crime Complaint Center (IC3) reported over 800,000 cybercrime-related complaints in 2022, resulting in losses exceeding $10 billion.
- Ransomware attacks increased 62% worldwide, according to a Business Wire Ransomware Index Spotlight report (November 2021), with attackers becoming more adept at holding data hostage.
- The average cost of a data breach, according to IBM, reached a record high of $4.45 million in 2023, representing a 2.3% increase from the previous year […]
By Kris Cornwall