"Study Uncovers 27% Spike in Ransomware; 8% Yield to Demands"

According to the 2024 Thales Data Threat Report, ransomware attacks increased by 27 percent in 2023, with 8 percent of impacted organizations deciding to pay the demanded ransom. These numbers suggest that less than half of organizations have formal ransomware response plans in place. The report also cites malware as the fastest-growing threat, with 41 percent of companies reporting malware incidents in the past year. Phishing and ransomware attacks on cloud assets such as Software-as-a-Service (SaaS) applications and cloud-based storage are also growing. This article continues to discuss key findings from the 2024 Thales Data Threat Report. 

Infosecurity Magazine reports "Study Uncovers 27% Spike in Ransomware; 8% Yield to Demands"

Submitted by grigby1