Ransomware: Forewarned is forearmed

Ransomware is a scourge that shows no signs of abating, and saw businesses worldwide shell out at least $71 billion in 2022. Would you pay?

26 January 2024

Anthea Kruger, MTN

South Africa now ranks as the eighth most cyber attacked country in the world, according to Alexander Lee, EMEA channel sales director, VMware Carbon Black. Speaking at a recent Brainstorm roundtable, he said that of those firms that were struck by cyber attacks, 89% had their data encrypted, compared to a global average of 76%, according to its research.

Lee maintains that security vendors have cultivated a false sense of comfort among their customers.

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