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1 Indian firm paying average Rs 55 Lakh after ransomware attack

Shortpedia

Content Team
Image Credit: Shortpedia

The recovery cost from the impact of a ransomware attack tripled in the last year in India -- up from $1.1 million (over Rs 8 crore) in 2020 to $3.38 million (more than Rs 24.5 crore) in 2021 -- as the country topped the list of 30 countries worldwide for ransomware attacks, a new report said on Tuesday. The average ransom payment in India was $76,619 (over Rs 55 lakh).