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Rampant ransom payments highlight need for urgent action on cyber resiliency

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A whopping 69% of organizations have reported paying ransoms this year, according to research by Cohesity, with 46% handing over a quarter of a million dollars or more to cybercriminals. It is hardly the picture of resiliency that is often painted by industry. Clearly, there is a disconnect between cyber resiliency policy and operational capability that urgently needs addressing. 

With the advent of Ransomware-as-a-Service platforms and the current global geopolitical situation, organizations face a huge existential threat through destructive cyber attacks that could put them out of business. This gap between confidence and capability needs to be addressed, but in order to do so, those organizations need to recognize there is a problem in the first place.


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