Statistics: According to Check Point Software's (CHKP) Mid-Year...

Statistics: According to Check Point Software's (CHKP) Mid-Year Security Report, there were 93% more ransomware attacks in the first half of 2021 than in the same period last year. In addition, the attacks were marked by the rise of "Triple Extortion" ransomware, whereby hackers steal data and threaten to release it unless a payment is made, as well as going after the target's customers or vendors in the same way. IBM estimates data breaches now cost companies $4.24M per incident on average, with costs rising 10% compared to 2020.