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The Rising Threat of Cyberattacks and Ransomware
Organizations face increasing cybersecurity threats , likely fueled by increasing financial incentives for cybercriminals . For example , complaints from the American public in 2020 to the FBI ’ s Internet Crime Complaint Center ( IC3 ) increased 69 % from 2019 , with reported losses exceeding $ 4.1 billion . Additionally , over the past five years , the IC3 reports a combined $ 13.3 billion in total losses . As of the fourth quarter of 2020 in the U . S ., the average length of interruption after ransomware attacks on businesses was 21 days .
Clearly , ransomware ’ s negative impact on business operations is substantial .
A strong correlation exists between IT complexity and cyberattack vulnerability . As IT grows more complex , cyberattacks will increase in frequency and come at a higher cost . p
Download whitepapers free from www . intelligentcio . com / latam / whitepapers be the result of ongoing digital transformation initiatives ( cited by 29 %), higher data volumes ( 35 %), the rapid evolution of the cybersecurity landscape ( 37 %), and / or efforts to adhere to new data security and privacy regulations ( 32 %).
Simultaneously , organizations are struggling to address a problematic shortage of critical IT skills . In fact , 48 % of surveyed organizations report they don ’ t have enough cybersecurity specialists — it was the most often-cited shortage area .
Additionally , these organizations are dealing with application , device , and remote / mobile worker sprawl , which are increasing the size and scope of the security perimeter that IT is tasked with protecting .
Given the complexity of modern IT , proliferating data , and ever-growing cyberattack threats , IT teams often struggle to keep pace . Trying to address complexity with internal personnel alone is a losing battle . Success requires modernizing the underlying infrastructure itself . However , when doing so , IT decision makers must look for technologies that don ’ t just meet application needs or simplify operations . Achieving true success means finding technology that can achieve those goals and improve the cyberresiliency posture of the application environment as well .
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