India, March 28 -- As emerging technologies, such as AI, robotics and machine learning continue to shape our world, there has been a rise in cybersecurity threats, including malware attacks, data breaches and data exfiltration. Ransomware has emerged as a particularly significant risk to businesses.

According to a recent report, 59 percent of organisations (surveyed across 14 countries in the Americas, EMEA, and Asia Pacific) were hit by a ransomware attack, resulting in the encryption of almost 70 percent of their data. The report further highlights that almost 60-70 percent of these organisations opted to pay ransom due to the absence of viable back-ups to secure their data and maintain business continuity. While paying ransom may seem...