Ransomware is one of the biggest cybersecurity threats the world has ever faced. It is listed as THE
top worry by cybersecurity professionals throughout the world, with good reason. Ransomware
has attacked tens of thousands of organizations from small to very large, brought down hospitals,
pipelines, food production conglomerates, police stations and even entire cities.
Emsisoft states, in 2020 alone, $18 billion was paid globally in ransom and total costs were in the
hundreds of billions of dollars (https://blog.emsisoft.com/en/38426/the-cost-of-ransomware-in 2021-a-country-by-country-analysis/). Cybersecurity Ventures says ransomware will cost $20 billion
in 2021 and is estimated to grow to $265 billion in damages by 2031 (https://cybersecurityventures.
com/global-ransomware-damage-costs-predicted-to-reach-250-billion-usd-by-2031/).