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Global Ransomware Damage Costs Predicted To Exceed $275 Billion By 2031

Summary by Cybercrime Magazine
Ransomware facts, figures, predictions, and statistics for boardroom and C-Suite executives, CIOs and CISOs. Download the Full Report – Steve Morgan, Founder of Cybersecurity Ventures Sausalito, Calif. – Apr. 2, 2025 Ransomware, the fastest growing type of cybercrime, is 35 years old, it shows no signs of slowing down, and it’s predicted to cost victims around $275 billion annually by 2031, according to Cybersecurity Ventures, with a new attack …
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Cybercrime Magazine broke the news in on Tuesday, April 1, 2025.
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