How much financial damage do companies incur annually due to ransomware attacks?
Share
Questions & Answers Board – CyberSecurity
Lost your password? Please enter your email address. You will receive a link and will create a new password via email.
Please briefly explain why you feel this question should be reported.
Please briefly explain why you feel this answer should be reported.
Please briefly explain why you feel this user should be reported.
How much financial damage do companies incur annually due to ransomware attacks?
The financial damage companies incur annually due to ransomware attacks is estimated to be in the billions of dollars worldwide. Various sources suggest that globally, ransomware damages could range from tens of billions to over a hundred billion dollars annually. Accurate figures are challenging to determine due to underreporting and differing methodologies used to calculate losses.