Data is the currency of every business today, but it is under significant threat. As companies rapidly collect and store data, it is driving a need to adopt multi-cloud solutions to store and protect it. At the same time, ransomware attacks are increasing in frequency and sophistication. This is supported by Rapid7's Ransomware Radar Report 2024 which states, "The first half of 2024 has witnessed a substantial evolution in the ransomware ecosystem, underscoring significant shifts in attack methodologies, victimology, and cybercriminal tactics."

Findings reveal escalating risks in the software supply chain, highlighting vulnerabilities in web servers, cryptographic protocols, and web interfaces that handle PII.