What is the True Cost of a Ransomware Attack? 6 Factors to Consider

It is estimated that ransomware has cost the United States more than $7.5 billion last year. And indeed, we’ve heard of countless ransomware incidents and seen an explosion of build-your-own ransomware RaaS projects making it easier for unsophisticated criminals to get in on the act. And yet, when you add up the numbers and calculate the average payout, those dollar amounts don’t paint the entire picture of the financial burden suffered by organizations hit by these kinds of criminal attack. In this post, we’ll look at the six true costs of a ransomware attack.