The last decade has seen ransomware move from being a largely theoretical problem that affected a limited number of unlucky victims, to a pervasive problem for most organizations and an existential threat for an unfortunate few.

This has happened as the volume of data being generated and retained by organizations has exploded, driven in part by new workloads like AI and machine learning and advanced analytics.

Meanwhile, the pandemic gave bad actors a chance to raise their game. As companies switched to hybrid and remote working, stretched security teams left workers and their data more exposed.