How much do ransomware attacks cost?

Ransomware attacks are a costly business; in 2019, these attacks cost victims up to $170 billion, with most ransoms now paid out in Bitcoin. But the ransom is only a fraction of the total cost to businesses, with victims facing additional costs in the form of company downtime and dealing with the attack itself. 

They aren’t victimless crimes, either; as well as companies, in the past year ransomware attackers have targeted electricity producers, nursing homes and even international borders.