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Aug 2022

Holding the world to ransom

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Source: Asia Insurance Review | Jul 2021

In 2020, the world lost $20bn to ransomware attacks, up from $11.5bn in 2019 and a full 57 times more than the $325m in 2015. US-based Cybersecurity Ventures predicted a 30% y-o-y growth in ransomware attacks, with a new attack being perpetrated every two seconds.

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