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Crypto locker price4/14/2023 Further, while small-to-midsized businesses were at the largest risk, ransom demands regularly hit seven or even eight-figures. Sonicwall, for example, found that this kind of attack increased by more than 100% in 2021 alone. The threat is only growing, as some reports find. Some surveys have shown that losses for businesses can average $2,500 for each incident, with businesses willing to shell out millions of dollars to decrypt their data in some instances. Second, an increasing number of cybercriminals are utilizing ransomware to extract money out of victims. The problem with ransomware is twofold:įirst, ransomware is designed to completely encrypt a victim’s file system, potentially causing an irreversible loss of data. Once upon a time, ransomware was just a popular buzzword – now it is an all-too-real threat to businesses, governments, and individuals worldwide. We’ve compiled 35+ ransomware facts, figures, and trends along with a round-up of predictions from industry experts at the bottom of the article. *This article is regularly updated with the latest ransomware statistics for 2018 – 2022.
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