In the face of an ever-evolving threat landscape, organizations are constantly seeking innovative solutions to bolster their cyber resilience. Index Engines, a leading cyber security company, has taken a significant step forward in this direction with the announcement of an industry-first 99.99% service level agreement (SLA) for their CyberSense product to accurately detect corruption due to ransomware. Jim McGann, VP of Strategic Partnerships at Index Engines shared the news during the 56th IT Press Tour.
The Cost of Ransomware
The impact of ransomware attacks on businesses can be devastating. According to recent statistics, the average cost of a ransomware breach is a staggering $5.13 million, with companies experiencing an average downtime of 22 days after an attack. These figures underscore the critical importance of having robust data protection strategies in place.
