The recovery costs of a ransomware attack in SA is over $1 million

Sophos reports that the average cost to recover from a ransomware attack in South Africa exceeds $1 million, including downtime and recovery expenses but excluding ransom payments. Despite a slight decrease in recovery costs from the previous year, ransomware-related data encryption incidents have increased locally above the global average.

This Wire brief sits within Fusion42's coverage of Cybersecurity.