RANSOMWARE COSTS BUSINESSES RECORD‑HIGH $1 BILLION IN 2023 Your 5-Step Plan to Prevent Attacks in 2024 By Fisher Phillips 2023 was the most devastating year yet for ransomware attacks, with businesses forking over $1 billion in ransom payments for the first time ever — and 2024 is expected to be even worse. Beyond the payments, the average cost of each ransomware attack last year was over $5 million. Given these unprecedented statistics, ransomware attacks could be the largest looming threat to your business in 2024. This insight provides a clear five-step plan to help you lower the odds of falling prey to a costly attack. 14 KENTUCKY AUTO DEALER
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