Khushbu Vijayvargiya’s Post

View profile for Khushbu Vijayvargiya, graphic

Co-founder of Qualimatrix Technologies Pvt Ltd |Enabling tech visionaries to amplify software excellence through cutting-edge IT Testing solutions| Web & App Development | Cybersecurity solutions | MEAN Stack |MERN Stack

Ransomware Alert: Key Insights from Sophos' 'State of Ransomware in India 2024' Report Sophos has released its annual 'State of Ransomware in India 2024' report, which highlights a decrease in the number of attacks but an increase in their impact. While the percentage of organizations hit by ransomware dropped from 73% to 64%, the average ransom demand soared to $4.8 million! 😱 Additionally, recovery costs have risen. The report is based on a survey of 5,000 IT decision makers (including 500 from India), and uncovers troubling trends such as a rise in data theft (34%) and a higher tendency for organizations to pay ransoms (65%) rather than rely on backups (52%). What does this report tell us? 💠 Decrease in Attacks: Ransomware attacks against Indian organizations have declined from 73% to 64%. 💠Increased Impact: Higher ransom demands and escalating recovery costs. Critical Statistics: 44% of computers were encrypted, and 34% of incidents involved data theft. 💠Ransom Demands: The average ransom demand is $4.8 million, with 62% of demands exceeding $1 million. Qualimatrix Technologies Pvt Ltd Recommendation Invest in fundamental security measures like firewalls, endpoint protection, and dependable antivirus software to safeguard your systems, data, and networks. Continue to keep a close eye on your networks, systems, and data to quickly identify and address any indications of possible online threats. Maintain patched and updated systems: To close holes that hackers could exploit, make sure you routinely apply security updates and patches to your systems and apps. Keep up with software updates apps, and software to the most recent versions. This procedure lowers the possibility of security breaches and provides vital defense against emerging internet dangers like ransomware and viruses. Source credit : https://lnkd.in/dX_xw3Jt To know more about sophisticated cybersecurity practices  Reach out Qualimatrix Technologies Pvt Ltd 📩 raj@qualimatrix.tech 📲 8103353297 Also, to mitigate the Chances of ransomware attacks https://lnkd.in/diY4Efx4 and generate a cyber audit report within a matter of few minutes. #cyberawareness #qualimatrix #cybersecurity #cybershield

  • #CyberSecurity

To view or add a comment, sign in

Explore topics