Ransomware Protection Market - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2018–2026
Ransomware Protection Market study provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by the leading players.
Ransomware protection refers to security against malicious cryptovirology software that prevents users from accessing their data or threaten to make their private information public unless a ransom is paid for the same. Utilization of cryptocurrencies such as Bitcoin and Ukash makes the tracking down of transaction extremely difcultl providing another hurdle for the anticybercriminal bodies to take appropriate actions against them. Browse Complete Report For More Information @ https://www.coherentmarketinsights.com/ongoing-insight/ransomware-protectionmarket-1060 Growing incidence of phishing attacks across the globe fueling growth of ransomware protection market Some of the worst incidences of ransomware attacks reported in 2017 included the NotePetyal WannaCryl Lockyl CrySisl and Nemucod. This has led to losses of several million dollars in revenue. For instancel according to TechRepublic Cybersecurity Insider press release in October 2017l the outbreak of NotPetya cost Merck (pharmaceutical company) over US$ 300 million in Q3 alonel and is expected to cost near about the same amount in the following quarter. Requirement to reduce high fnancial losses due to loss of high valued and confdential