Thousands fall victim to ransomware as European attacks reach record highs - here's why they're so at risk

Neon letters spelling RANSOMWARE set against a dark background with red and blue circuitry.

• European companies are being targeted more and more by ransomware attacks
• High income and strict regulations make them lucrative targets, Crowdstrike finds
• Geopolitics also plays a role in the increased number of breaches

European companies are increasingly the targets of ransomware and extortion, new research from CrowdStrike has claimed, with the region now accounting for almost 22% of global ransomware victims, second only behind North America.