Kaspersky and VDC Research Report $18 Billion Loss from Ransomware in Manufacturing

Kaspersky and VDC Research Report $18 Billion Loss from Ransomware in Manufacturing

First seen 25 Nov 2025, 15:27 UTC Cybersecurity-InsidersAfrica24TvBiz.Chosun 43.9

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Kaspersky, in collaboration with VDC Research, has reported an estimated loss of over $18 billion due to ransomware attacks, particularly affecting the manufacturing sector. This estimation encompasses various regions including APAC, Europe, the Middle East, Africa, CIS, and LATAM.