According to the 2023 Verizon Security Report, ransomware became involved in 24% of all cyber breaches. Ransomware attacks no longer affect one aspect of an organization. Legacy ransomware focusing on encrypting files for ransomware caused minimal to substantial damage to organizations. Modern-day ransomware impacts far more than previous attacks. In 2023, German companies faced cyberattacks like ransomware malware, password attacks, and phishing. 31% of businesses were affected, with CEO fraud being the least common attack.
