Ransomware attacks can range in severity from difficult to deal with, to crippling. In the next year, experts predict these attacks will cost businesses nearly $11 billion, a substantial increase from the $325 million reported back in 2015.

Unprepared users and businesses can quickly lose valuable data and money from these attacks. The easiest way to combat ransomware is to understand how ransomware works, who it targets, and other important information about this evolving strain of malware.

This article takes a look at 15 facts, statistics and trends of ransomware so we can prepare ourselves and avoid unnecessary attacks in the future.

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