Ransomware Ransacking: Australian Businesses Facing Unprecedented Financial Burdens

Australian enterprises are buckling under the weight of ransomware demands, with the Sophos State of Ransomware 2024 report painting a grim financial landscape. The report reveals a shocking 297% increase in the average ransom payment, positioning Australian companies as top spenders globally with an average payout of AUD $9,000,000. Although the overall incidence of ransomware […]