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