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Organizations are responding to the growing threats from ransomware attacks, including:
72% have seen cybersecurity budgets increase due to ransomware threats
93% are allocating special budget to fight ransomware threats
50% said they experienced loss of revenue and reputational damage from an attack
42% indicated they had lost customers as a result of an attack
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Source: Thycotic "2021 State of Ransomware Survey & Report: Preventing and Mitigating the Skyrocketing Costs and Impacts of Ransomware Attacks,"