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Cybersecurity-Insiders
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Breaking the Cycle: Prioritizing Recovery Over Ransom Payments
- In 2024, businesses paid $813 million to cyber criminals as the result of ransomware.
- Ransomware attacks lead to immense financial burden and reputational damage for organizations.
- Organizations should prioritize investing in recovery processes over paying ransoms.
- The FBI urges organizations to stop paying ransoms as there is no guarantee of data recovery.
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