Cybereason: 80% of orgs that paid the ransom were hit again
Ransomware attacks are on the rise globally as cybercriminals adopt more sophisticated tactics. The Federal Bureau of Investigation reported a 225% increase in total losses from ransomware in the United States in 2020. According to Cybersecurity Ventures, businesses are under attack every 11 seconds, on average, and damage losses are projected to reach $20 billion worldwide. Against this backdrop, the Cybereason Global Ransomware Study measured how much financial and reputational damage these attacks wreak on businesses.