Cyberattacks, such as ransomware and malware, continue to wreak havoc on enterprises. According to The Veeam Ransomware Trends Report 2024, based on a survey of 1,200 CISO, security professionals and backup administrators who experienced a ransomware attack in 2023, 43% of data remained unrecoverable after ransomware attacks. In this ransomware-centric report also noted that “many organizations are unprepared to recover from an attack despite the vast majority having incident response plans and policies in place.”