This article compiles excerpts from various reports, presenting statistics and insights on cybersecurity threats faced by businesses and individuals alike. Cyber insurance isn’t the answer for ransom payments Veeam | 2024 Ransomware Trends Report | June 2024 Ransomware remains an ongoing threat for organizations and is the largest single cause of IT outages and downtime as 41% of data is compromised during a cyberattack.

Source: Help Net Security