November 21, 2023
Ransomware is a type of malware that has historically been designed to encrypt data and make systems that rely on it unusable. Malicious actors then demand ransom in exchange for decrypting the data. Since 2019, we saw a huge rise in the number of ransomware attacks, where many companies were faced with their IT infrastructure and data becoming encrypted and many got their data stolen by different ransomware groups.
So many organizations worldwide have faced ransomware attacks, and looking at the statistics, the number of large organizations that have been impacted only seems to be rising.