Printed from BusinessInsurance.com

Global ransomware attacks rise 40% in 2019

Posted On: May. 29, 2020 6:15 AM CST

Cyber attack

Singapore-based cyber security provider Group-IB LLC said that the number of ransomware attacks across the world increased 40% year-over-year in 2019, Infosecurity Magazine reports. As large enterprises became an increasing focus for these attacks, average ransom demands soared from $8,000 in 2018 to $84,000 last year.

Read more.