2023 Ransomware Trends Report

Veeam Ransomware Trends Report reveals the widespread impact of ransomware attacks on organizations globally and specifically in Europe.

Lessons learned from 350 cyber attacks.

  • 93% of ransomware attacks attempted to destroy backup data
  • 13% were able to recover without paying a ransom
  • 20% of organizations who paid the ransom still could not recover their data

Cyberattacks have surged, affecting 85% of organizations worldwide and specifically in Europe, marking a significant increase from the previous year. In response, organizations are diversifying their recovery strategies, with 69% opting for cloud-based solutions and 83% favoring data center recovery. Despite ‘do not pay’ policies, a substantial number of European organizations, like their global counterparts, paid ransoms to recover data, highlighting the challenges in combatting such attacks. Attackers frequently target backup repositories, emphasizing the importance of securing backup solutions globally and in Europe specifically.

These findings underscore the urgent need for robust recovery plans, collaborative efforts between cyber and backup teams, and enhanced security measures to mitigate the impact of ransomware attacks on organizations worldwide, with particular attention to the European landscape.