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Ransomware victims paid $18 billion ransom in 2020

Posted On: Apr. 29, 2021 9:19 AM CST

A new report by New Zealand-based security firm Emsisoft Ltd. found that ransomware victims – both businesses and home users – paid a total of $18 billion in ransoms worldwide in 2020, IT Wire reported. The average ransom demand increased by more than 80%.

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