The aggregate dollar value of ransoms that criminals have successfully collected from victims shows an alarming trend. The city of Atlanta spent almost $5 million just in procuring emergency IT services following a March 2018 ransomware attack that crippled essential city services for days. Ransomware attacks have wreaked extensive downtime and economic harm on many industries, including police departments, local governments, automotive manufacturers, logistics companies, financial services institutions, healthcare providers and transportation systems around the world. Organizations must recognize that the cost of a ransomware attack goes far beyond the extortion payment.”]
Source: https://www.cuinfosecurity.com/blogs/ransomware-risk-management-11-essential-steps-p-2841