Facts And Figures About Ransomware

Here are a couple of things you should know about ransomware to give you an idea as to just how prevalent this kind of cyberattack is:

• It is a big business – There's a lot of money in ransomware, and the market expanded rapidly from the beginning of the decade. In 2017, ransomware resulted in $5 billion in losses, both in terms of ransoms paid and spending and lost time in recovering from attacks. That's up 15 times from 2015.
• Some markets are particularly prone to ransomware – High-profile ransomware attacks have occurred in hospitals or other medical organizations. It's estimated that 45 percent of ransomware attacks target healthcare orgs, and, conversely, that 85 percent of malware infections at healthcare orgs are ransomware.
• Your anti-malware software won’t necessarily protect you – Ransomware is constantly being written and tweaked by its developers. In fact, as many as 75 percent of companies that fall victim to ransomware were running up-to-date endpoint protection on the infected machines.

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