The average cost of remediating a ransomware attack for victim organizations exceeded $4.5 million in 2022, and this figure does not include the ransom payment, damage to brand, lost revenue from disruption to operations, increased cyber insurance premiums or other tangential costs. Ransomware is one of the biggest threats to any organization, regardless of size or industry. The downstream impacts from a large-scale ransomware event can have massive fiscal fallout and real-world repercussions. Traditional security solutions, while robust and effective for some threats, have clearly failed to protect organizations against ransomware attacks. There is a huge gap in protection and ransomware operators are expertly exploiting it to the tune of hundreds of millions of dollars yearly.