As IT systems and data play increasingly important roles in business, opportunities for cybercriminals continue to grow. For the first time, the annual Allianz Risk Barometer Report found cybercrime to be the number one concern for companies around the globe. The increase in concern over cybercrime coincides with a rise in the number of ransomware…

Ransomware is a growing cyber risk threat impacting organizations in all sectors. This Q&A details why having a cloud-based backup solution in place can help organizations mitigate exposure, promote business continuity in case of a security event and avoid paying a ransom.