Titaniam

Next Gen Cybersecurity Startup of the Year . Most Innovative Ransomware Data Security Solution . Hot Company Zero Trust . Best Product Encryption

Next Gen Cybersecurity Startup of the Year . Most Innovative Ransomware Data Security Solution . Hot Company Zero Trust . Best Product Encryption

Next Gen Cybersecurity Startup of the Year . Most Innovative Ransomware Data Security Solution . Hot Company Zero Trust . Best Product Encryption

Titaniam Ransomware Research Report: State of Data Exfiltration and Extortion 2022

Titaniam’s State of Data Exfiltration & Extortion Report for 2022 finds that with attackers winning over 60% of the time, enterprises seeking to defend themselves from ransomware and extortion, need to look beyond the current crop of prevention, detection, and backup solutions. 

Data exfiltration rates are up by 106%.

With ransomware and related extortion fast becoming the biggest cybersecurity risk for both enterprises and governments, organizations are looking to actively bolster their defenses and minimize the impact of such attacks. The last eighteen months have seen hundreds of millions of dollars invested in traditional prevention, detection, and backup solutions, with the hope that these will help mitigate the impact of ransomware attacks.

Prevention, detection, and backup are only part of the solution to ransomware attacks. 

From everything we can tell by digging into the news as well as talking to impacted organizations, the majority of them have not managed even a moderate level of success against ransomware attacks. Time and again, companies with major investments in ransomware detection solutions are successfully brought down. Despite fully operational backup and recovery solutions, these companies find themselves so compromised that their only option ends up being the ransom payment as demanded by attackers.

We believe that the key to sharing our value proposition with CISOs and Boards is to base it on a strong data-driven foundation. For this reason, we requested an independent research organization, CENSUSWIDE, to conduct a study. Respondents included 107 Security Professionals in a variety of enterprises across the United States. 

Our study aimed to gather raw data on ransomware attacks, data exfiltration, extortion, ransom payments, prior investments in security, as well as forward-looking budget priorities.

We also gathered data on security investments and budgets. Ultimately, the data showed that strong data security that protects against exfiltration and extortion is an enormous and critical need in the fight against ransomware. We offer this data to you so that you have the information you need to make a strong case for improving data security in your organization.

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STATE OF DATA EXFILTRATION AND EXTORTION 2022
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