$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.

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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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