Ransomware Costs Soar for Energy, Water Sectors: Report

unrecognizable hacker with smartphone typing on laptop at desk

Recovery costs from ransomware attacks on energy and water sectors have quadrupled to $3 million over the past year, a new report reveals. Cybersecurity firm Sophos’s “State of Ransomware in Critical Infrastructure 2024” study found these costs are four times higher than the global cross-sector median. Nearly half (49%) of ransomware attacks against these critical … Read more