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$41,198

The average price of a ransomware attack during the third quarter of 2019, more than tripling the amount from the first quarter. While overall there were 6 percent fewer ransomware incidents in 2019 compared to 2018, the ransom amount has grown. These figures are prompting U.S. insurers to increase cyberinsurance rates by up to 25 percent.

The average price of a ransomware attack during the third quarter of 2019, more than tripling the amount from the first quarter. While overall there were 6 percent fewer ransomware incidents in 2019 compared to 2018, the ransom amount has grown. These figures are prompting U.S. insurers to increase cyberinsurance rates by up to 25 percent. (Reuters — January 22, 2020)

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