Defining the News
The median recovery costs for the energy and water sectors has risen by to $3 million over the past year, four times higher than the global cross-sector median recovery cost.
In the same report, the median ransom payment demanded from organizations in the energy and water sectors has increased to over $2.5 million in 2024, $500,000 higher than the global median. Challenges in recovery are also suggested by the fact that the energy and water sectors reported the highest rate of backup compromise at 79%, along with the third highest rate of successful encryption at 80%.
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