Barracuda’s New Cybernomics 101 Report Uncovers the Financial Forces Driving Cyberattacks

 

Highlights:

  • New research from Barracuda shows that 50% of respondents believe AI will enable hackers to launch more attacks.
  • Of those surveyed, the average annual cost to respond to compromises was $5.34 million.
  • The survey also identified 71% of respondents had experienced a ransomware attack over the last year, and 61% paid the ransom.

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