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30% Ransom Price Growth

On the other hand, according to Cybersecurity Ventures, ransoms could amount to $265 billion by 2031. The reason lying behind this figure of $265 is based on the assumption that the ransom price would be climbing 30% every year for the next decade.

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MORE IDEAS FROM THE SAME ARTICLE

A recent prediction by Gartner Inc. indicates that overall spending on information security and risk management technology and services across the globe is forecast to grow more than 12%, amounting to over $150 billion this year.

 

If you are working in technology field, I am sure you would be well aware that October is celebrated as Cybersecurity Awareness Month, across the globe. It is observed each year in October. It was launched by the National Cyber Security Alliance and the U.S. Department of Homeland Security in 200...

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