Is Ransomware Unstoppable? Exploring the Challenges of Combatting a $265 Billion Threat
The ransomware attack poses significant challenges to cyber security, evolving into a $265 billion industry and targeting organizations worldwide. Exploiting vulnerabilities exacerbated by global events such as pandemics and digitalization, ransomware-as-a-service (RaaS) models have propelled the proliferation of attacks. These cyber crimes inflict severe consequences on businesses, including financial losses, reputational damage, and regulatory violations. As ransomware tactics advance, organizations…