By Dexter Deus, Ricoh: The complex, evolving landscape of cybersecurity attacks continues to grow, with ransomware tracking at about 24% of all breaches¹ as well as 66% growth in attacks year over year. ²

To level set, ransomware is malware designed to deny a user or organization access to files on their computer through encryption until a ransom is paid — it’s an expensive and expansive problem for organizations of all sizes and industries. The risks include a spiraling effect of negative brand reputation, leadership changes, lost revenue, and the release of sensitive information, often leading to further extortion.

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SOURCE Ricoh USA