Ransomware Behind Most Cyberattacks, Verizon Business Reports –

Ransomware incidents’ median costs have more than doubled to $26,000 in the past two years, according to Verizon Business. The company’s 2023 Data Breach Investigations Report also revealed that 95% of such incidents result in losses over $2.25 million. The report cites human errors as a significant factor in cyberattacks despite organizational training, highlighting phishing and business email compromise as prime examples where such mistakes can cause significant problems.