Ransomware attacks are growing at an alarming rate threatening enterprises around the world. According to recent research of global IT professionals conducted in 2022 by Statista, 72% of respondents paid a ransom to recover their stolen data. But paying attackers to access your information is not a data protection strategy. It also creates a vicious circle and does not guarantee that businesses will regain their systems or sensitive data.
In 2020, The U.S. Department of the Office of Foreign Assets Control announced that paying ransom to cyber attackers is illegal.
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