Ransomware costs are escalating, with global damages predicted to reach $20 billion by 2021, according to Northport-based Cybersecurity Ventures. Last year alone, there were multiple high profile attacks against various organizations including the City of Baltimore and currency exchange company Travelex. Small and medium-sized businesses weren’t immune, with one in five falling victim to a ransomware attack in 2019, according to a Datto survey.