Major Cloud Provider Hit by Ransomware Attack: What Can We Learn? A concerning new development has reinforced the growing threat of ransomware - a major cloud services provider was recently victim to an attack that wiped out data access for most of its customers. While the affected company and details of the incident have not been disclosed, reports indicate it has impacted many organizations, especially in the tech sector. This alarming attack puts the spotlight on the rising menace of ransomware and the vital need for robust cybersecurity, particularly for businesses relying on cloud platforms. The Expanding Threat Landscape Ransomware assaults are rapidly increasing, with the FBI reporting a 20% rise in incidents and losses tripling in the past year. In 2020, around 98% of cloud-using companies suffered a cloud data breach of some kind. These attacks can severely hamper operations, damage reputation, and create substantial legal liabilities. As more critical business functions mov
