The Threat of Ransomware – Don’t Rely on Your Cybersecurity Insurance

Ransomware is well recognised, but nothing paints a picture of the threat it poses to firms better than hardcore data. Business continuity solutions provider, Databarracks, highlights some insightful trends, based on data from annual surveys conducted over the last 10 years. Hardware failure is the root cause of data loss in 15 – 30 percent of organisations. It’s the same percentage for human error. Key point of note – these percentages remain consistent – i.e., these numbers haven’t changed year-on- year in the last 10 years.

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