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What Is the Financial Impact of a Ransomware Attack?
The reason for ransomware’s popularity boils down to one thing: economics. Without the proper defenses, cybercriminals can
extort hundreds – sometimes thousands – of dollars from SMBs by encrypting valuable data and demanding a ransom be paid to
restore the data. Below, see the rise in the average ransom amount by year (in US dollars):
November 10, 2017

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What is the financial impact of a ransomware attack?

  • 1. What Is the Financial Impact of a Ransomware Attack? The reason for ransomware’s popularity boils down to one thing: economics. Without the proper defenses, cybercriminals can extort hundreds – sometimes thousands – of dollars from SMBs by encrypting valuable data and demanding a ransom be paid to restore the data. Below, see the rise in the average ransom amount by year (in US dollars): November 10, 2017