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Firms pay double in ransom to recover stolen data in 2021

The average total cost of recovery from a ransomware attack has more than doubled in a year, increasing from $761,106 in 2020 to $1.85 million in 2021. This is part of the findings in the latest State of Ransomware 2021 survey by Sophos, a next-generation cybersecurity organisation. Ransomware gangs collected almost $350 million last year,…

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