While ransomware continues to be a growing problem, double extortion ransomware in particular has been growing even more rapidly for organizations. Zscaler’s ThreatLabz has found a nearly 120% growth in double extortion ransomware. Double extortion attacks are devastating for organizations because they involve both the encryption of production data as well as the exfiltration of data.

Cyber attacks have become inevitable. According to research from Rubrik Zero Labs, 99% of IT and Security leaders were made aware of a cyberattack against their organization in 2022 with an average of 52 cyberattacks in this category. On top of that, 96% of IT and Security leaders are concerned they will be unable to maintain business continuity if they experience a cyberattack this year.

Rubrik Zero Labs is excited to debut its second State of Data Security report: “The State of Data Security: The Hard Truths.” This in-depth global study is the first public use of Rubrik telemetry data to provide objective data security insights. Rubrik data is complemented by an extensive third-party study conducted by Wakefield Research, which provides a deeper look into the challenges IT and security decision-makers face, the impacts of these challenges, and possible solutions.

Cyber threat actors are becoming more and more efficient. They are targeting software and applications that are used by organizations globally. One recent example of this is the ESXIargs mass ransomware campaign which targeted a zero-day vulnerability in ESXi. So far this year, it has been reported that over 3,000 ESXi servers and countless virtual machines globally have been impacted by this campaign in the last two months.