Pay Now or Pay Later: Don’t Procrastinate When It Comes to Preventing Ransomware
Data breaches like ransomware can be catastrophic for your business. Not only can you lose revenue from the downtime that occurs during the incident, but the post-breach costs can also be significant.
IBM recently published the findings from its 2021 Cost of a Data Breach Report. This year’s report found that ransomware attacks were more expensive than average breaches, costing on average $4.62 million, excluding the cost of paying the ransom. The percentage of companies where ransomware was a factor in the breach was 7.8 percent.
Read this blog to learn why ransomware is so costly and how you can limit the damage of an attack with Zero Trust cyber security solutions.