The country was also the first in South America by breached users for the second consecutive quarter, according to a new study.
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A new report found that most organizations do not have backup or encryption policies.
According to new research, the segment has generated record levels of business since 2019.
The company's transactional platforms were unavailable for a week following the incident in February.
Firms based in the Latin country have seen a massive hike in occurrences where their data has been stolen but are still refusing to pay for ransom.