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Latest Cybersecurity News and Articles
Ransom Recovery Costs Reach $2.73 Million
Ransom Recovery Costs Reach $2.73 Million
06 May 2024
Ransom recovery costs have surged, with the average payment reaching $2 million, a 500% increase from the previous year. Excluding ransoms, the average cost of recovery has risen to $2.73 million, up by almost $1 million, according to Sophos.
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