While there is some debate over whether the number of ransomware attacks is rising, there is no arguing that the losses suffered by both public and private sector organizations have increased. Hardening your organization’s security posture requires an understanding not only of how ransomware works technically, but also how the attacks psychologically compel victims to open emails, click on links or download attachments from unknown senders, even if they’ve been trained not to.

The FBI reports that ransomware attacks are becoming more targeted, sophisticated, and costly. Moreover, as Forrester VP and principal analyst Dave Bartoletti told an audience at this year’s CommVault GO conference, ransomware attacks are up 500 percent. The resultant losses have increased significantly, with costs expected to hit $11 billion.

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