One cybersecurity firm estimates that extortive attacks now cost small and medium companies at least $75 billion in expenses and lost productivity each year.
banks have started to keep tens of thousands of dollars in Bitcoin ready in case of an attack. “Buying bitcoin on any one of the U.S. exchanges is a three-to-five day wait time, so we’ve been forced into the position of having to stock bitcoin as if it were computer equipment and have it ready for our use,”
Source: How Ransomware Became a Billion-Dollar Nightmare for Businesses – The Atlantic