
Executive Summary A mid-sized manufacturing company fell victim to a sophisticated ransomware attack that encrypted critical production systems. Our incident response team was engaged to contain the threat, recover operations, and implement preventive measures.

The Alarming State of Ransomware in 2023 Ransomware has evolved from a nuisance to a sophisticated, multi-billion dollar criminal enterprise. In 2022 alone, global ransomware damages exceeded $20 billion, with attacks occurring every 11 seconds on average. As we enter 2023, the threat shows no signs of slowing down.