Cyber Readiness Report 2024

By Hiscox

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This year’s edition of the Cyber Readiness Report explores the critical role of robust cyber resilience in mitigating evolving organisational risks and safeguarding reputations. This year’s research reveals that concerns of reputational damage, caused by the loss of sensitive information, is a driving force behind responses to ransomware attacks. Over the past 12 months, the top three reasons organisations paid ransom were: to protect their customer data, to protect their reputation, and to recover their data because they did not have any back-ups.

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