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

 

The Cybernomics 101 report raises the alarm over hackers exploring how they can use generative AI (GenAI) technology to increase the volume, sophistication, and effectiveness of their attacks. 50% of respondents believe AI will enable hackers to launch more attacks. The survey also identified that 71% of respondents had experienced a ransomware attack over the last year, and 61% paid the ransom.

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