Global ransomware payments skyrocket
Cybercriminals now more sophisticated
The average payment for ransomware attacks globally has reached US$850,000, almost tripling from last year, as incidents become more common worldwide, according to Palo Alto Networks, a global cybersecurity company.
“The impact of any large-scale ransomware attack reflects that ransomware operators have grown in sophistication and capability, making them more effective at compromising large organisations,” Sean Duca, Palo Alto Networks vice-president and regional chief security officer for Asia-Pacific, told the Bangkok Post.
In 2020, ransomware victims paid an…