Ransomware is a lucrative business for criminals. It is paying off, and it is working.

According to a recent Trend Micro report, a staggering 84% of US organizations experienced either a phishing or ransomware attack in the last year. The average ransomware payment was over $500,000.

Bad actors want to keep cashing in. So they’re going as far as creating ransomware kits as a service (Ransomware as a Service) to be sold on the dark web and even setting up fake companies to recruit potential employees.