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Ransomware May Have Extorted Over $21 Billion Between 2022-2024. It’s Not All Bad News, Claims Fortra’s Annual Ransomware Report. – December 2025

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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