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The least surprising headline from 2023 is that ransomware again set new records for a number of incidents and the damage inflicted. We saw new headlines every week, which included a who’s-who of big-name organizations. If MGM, Johnson Controls, Chlorox, Hanes Brands, Caesars Palace, and so many others cannot stop the attacks, how will anyone else?

Phishing-driven ransomware is the cyber threat that looms larger and more dangerous than all others. CISA and Cisco report that 90% of data breaches are the result of phishing attacks and monetary losses that exceed $10 billion in total. A report from Splunk revealed that 96 percent of companies fell victim to at least one phishing attack in the last 12 months and 83 percent suffered two or more.

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