State of Ransomware Preparedness – A 2024 Update

Ransomware In a Post-SEC Rules Environment

Since the publication of Axio’s 2022 State of Ransomware Preparedness Report, ransomware has been established as the attack method of choice for threat actors.

These attacks continue to serve a range of objectives, from intelligence gathering to social unrest to financial gain and profit. No industry or sector is immune, at a time when recent SEC Rules have placed an increased spotlight on cybersecurity.

For 2024, Axio researchers analyzed recent ransomware attacks involving Clorox, MGM Resorts, MOVEit, and 23andMe to answer the questions:

• To what degree are recent headline-grabbing ransomware attacks a failure of attention to foundational cybersecurity practices?
• Do our past research-based observations continue to support our assertion that improving foundational cybersecurity practices are a high-payoff investment in diminishing the impact of a ransomware attack?

Get the report and learn from these cases how ransomware preparedness can impact your organization.