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22% of Nigerians hit by ransomware as global recovery cost nears $2m

Recovery cost from ransomware attacks has more than doubled in a year, increasing from $761,106 in 2020 to $1.85 million in 2021. The post 22% of Nigerians hit by ransomware

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New ransomware strain exploits Microsoft Exchange security flaw

Microsoft Office. PHOTO: Getty Images A new strain of ransomware has emerged which exploits a security flaw in Microsoft Exchange servers, signalling potentially damaging consequences from a high-profile hack. Microsoft