The ransomware plague cost the world over $1 billion

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Group-IB has presented a report which examines key shifts in the cybercrime world internationally between H2 2019 and H1 2020 and gives forecasts for the coming year. The most severe financial damage has occurred as a result of ransomware activity. The past year — a harrowing period for the world economy — culminated in the spike of cybercrime. It was also marked by the rise of the underground market for selling access to corporate networks … More

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