Ransomware attacks on US businesses cost $20.9bn in 2020

In 2020, 186 ransomware attacks on US businesses resulted in the theft and/or misuse of over 7 million individual records. We estimate that these attacks cost businesses almost $21 billion in downtime alone. Most businesses will have also been subject to huge recovery costs, lost revenue, and lack of customer confidence post-attack. Through our investigation, … Continue reading Ransomware attacks on US businesses cost $20.9bn in 2020