Author/Source: Fortra See the full link here
Takeaway
This article talks about a report on ransomware attacks, which are computer attacks that lock up your files. You will learn how much money these attacks have cost businesses and also some positive news about how companies are getting better at stopping them.
Technical Subject Understandability
Beginner
Analogy/Comparison
Ransomware is like a digital bully who locks your important school project files on your computer and won’t let you open them until you pay a fee.
Why It Matters
Ransomware costs businesses a lot of money and can stop important services from working, like hospitals. For example, the report found that ransomware gangs have taken over $21 billion from victims in the past two years, with $1.1 billion taken in 2023 alone.
Related Terms
Ransomware, Extortion. Jargon Conversion: Ransomware is a type of harmful computer program that locks up your data and demands money for you to get it back. Extortion means forcing someone to give you money by threatening them.


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