The 2024 Ransomware Trends Report by Veeam reveals that ransomware victims permanently lose an average of 43% of the data following an attack. The report, which surveyed 1,200 CISOs, security professionals, and backup administrators affected by ransomware attacks in 2023, highlighted widespread unpreparedness among organisations to recover from such incidents despite having response plans. The report recommended enhanced measures such as alternate backup sites, ensuring backup repositories are immutable (an object whose state cannot be modified after it is created) or physically separated, and improving collaboration between cybersecurity, IT, and backup administration teams. Worryingly, the report warned that the impact and cost of such attacks "will be worse than you imagined."
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