Ransomware is no longer breaking news for consumers and companies. Large-scale infections like WannaCry and NotPetya were widely covered in the news last year.
Similarly, the damage caused by ransomware should no longer be a surprise either, with totals growing at an alarming speed. In 2015 ransomware damages totaled around $300 million, but it topped $5 billion last year and is expected to reach $11.5 billion by the end of next year.
We take a look at what the true cost of ransomware is.