Latin America is represented in the statistics. When their data is stolen, experts counsel businesses to refuse to pay the ransom demanded by criminals.
In Latin America, only 11% of businesses did not experience ransomware assaults in 2022. The information was obtained from a 4,200-company worldwide survey in which regional businesses, including those from Argentina, took part.
A program known as ransomware stops users from accessing their personal or system files and requests payment in exchange for access.
According to the study, which was released by the provider of digital security solutions Veeam, 15% of the businesses in the area were subjected to at least one attack from this kind of program, 52% were hit by two or three, and 18% were struck by four or more blows.
When the data is compared to the other continents, the true scope of the issue becomes apparent: Latin America, along with North America, is the region of the globe that experiences the most attacks, with only 11% of businesses in both regions being unaffected. In Asia Pacific, 18% of the companies were secure, 14% in the Middle East, and 16% in Europe.
The world’s area that experiences the most cyberattacks is America.
According to the worldwide data, 85% of businesses experienced an attack in 2022.
data restoration
As organizations stated that only 55% of their encrypted or destroyed data could be recovered from the attacks, data recovery and quick return to service are of utmost concern.
As a result, organizations expect to spend 6.5% more on data protection worldwide in 2023, which is significantly more than what is anticipated to be spent overall on other forms of technology.
In 2022, two or more assaults were experienced by 52% of the businesses in the area. Picture Pexels
The survey states that of the 85% of companies that intend to do so, “their average planned increase is 8.3%, and often in conjunction with higher investments in cybersecurity tools.”
It might be assumed that many organizations are likely to alter backup solutions in order to accommodate these pressures and changing conditions given the worries about ransomware, the pressures of securing technology services, and the difficulties of protecting contemporary workloads.
Only 8% of businesses, according to the study, said they would probably change their main backup solution in 2023. 57% of respondents asserted that backup solutions will undoubtedly alter or are likely to do so.
They urge that the ransom not be paid.
According to experts, merely bolstering a company’s security won’t be sufficient to thwart criminals’ online attacks. Additionally, they urge people not to pay the ransom demanded by hackers who successfully obtain information through malware.
“Data theft has become more accessible than ever thanks to ransomware, which has also transformed cybercrime into a thriving and lucrative business. Companies have a responsibility to care for other organizations and vital infrastructure around the world in order to prevent the spread of the issue, even though they are not required to actively address or solve it at its source “Edwin Weijdema, Veeam’s global technologist
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