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Cybersecurity in 2019: Ransomware up 41% in the US Alone, Average Decryption Price in December 2019 set at $190,946
A Report via the New York Times paints an increasingly challenging picture for security specialists, technology users and businesses. Security firm Emsisoft reported a 41% increase in ransomware attacks in 2019 (in the US) compared to the previous year (up to 205,280 distinct attacks). The advent of cryptocurrencies with built-in anonimity, such as Monero, have become the favored extortion method employed by wrongdoers, shielding them from the usual checks and balances of the banking system. And with increasingly complex tools in the hands of hackers, plus the advantage of first strike new attacks enjoy, ransomware is becoming harder and harder to battle. According to the New York Times, citing security firm Coveware, the average payment for file decryption in 2019 rose to $84,116 in the Q4 2019, double what it was just in Q3. And in the last month of the year, the average decryption payment jumped more than twofold to $190,946.