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Impacts vary but, in many cases, ransomware disrupts businesses for significant periods—or even forces them to suspend operations or close. A growing population of highly capable cyber extortionists is developing new means to counter defenses and to increase the level of disruption they can inflict, constantly. Threats are widespread, they extend across industry and the public/private sector and they affect large and small businesses alike.

Security leaders must understand and counter new ransomware challenges, strengthen defenses across people, processes and technology and demonstrate why security is critical to the business strategy.