back to article Ransomware cost US banks $1.2 billion last year

Banks in the US paid out nearly $1.2 billion in 2021 as a result of ransomware attacks, a marked rise over the year before though it may simply be due to more financial institutions being asked to report incidents. The figures come from the most recent Financial Trend Analysis report [PDF] on ransomware from the US Treasury's …

  1. tfewster
  2. Anonymous Coward
    Anonymous Coward

    Only $1.2 billion

    So is this the current Pyongyang 2021 budget documentation?

POST COMMENT House rules

Not a member of The Register? Create a new account here.

  • Enter your comment

  • Add an icon

Anonymous cowards cannot choose their icon

Other stories you might like