Report: Ransomware Attacks Doubled Between 2020, 2021
A recent analysis from the U.S. Treasury Department’s Financial Crimes Enforcement Network (FinCEN) found that ransomware attacks doubled between 2020 and 2021, including a disproportionately large spike coming from Russia. Ransomware is malicious software that encrypts a victim’s files and holds the data hostage until a ransom is paid, typically through cryptocurrency.