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In the ever-evolving landscape of ransomware threats, cybersecurity professionals must reassess defense strategies and proactively stay ahead of these menacing cyber-attacks. This 2023 Ransomware Report presents insights gathered from a survey of 435 cybersecurity professionals, shedding light on organizations’ preparedness and approaches to combating ransomware. The report identifies gaps and obstacles that hinder the enhancement of security posture, covering prevention to remediation strategies.

Key findings include

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79% of respondents say it is moderately to extremely likely their organization will be the target of a ransomware attack within the next year.

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Yet only 40% are confident their organization’s defenses are capable of detecting and blocking ransomware.

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The primary drivers for improving ransomware defenses include protecting confidential information (76%), limiting downtime (75%), mitigating financial costs (64%), protecting brand reputation (60%) and staying ahead of emerging threats (48%).