COMPUTER NETWORKS AND COMMUNICATIONS
NETWORK SECURITY AND CYBERSECURITY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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$45 billion
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$150 billion
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$14 billion
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$226 billion
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Detailed explanation-1: -The damages for 2018 were estimated at $8 billion, and for 2019 the figure rose to $11.5 billion.
Detailed explanation-2: -The number of ransomware attacks per year? The number of ransomware attacks per year is around 620.5 million. The first half of 2022 saw nearly 236.7 million ransomware attacks worldwide. It is predicted that ransomware will cost its victims around $265 billion (USD) annually by 2031.
Detailed explanation-3: -According to a recent IBM study, the average cost of a ransomware attack is $4.62 million (not including the actual ransom payment).
Detailed explanation-4: -Merck, which had an estimated $1.4 billion in losses after NotPetya invaded its computer systems in 2017, suffered the collateral damage of a warlike act not covered by insurance, lawyers for a group of carriers told judges Wednesday in a state appeals court in Trenton, N.J.