Ransomware has Become One of the Most Popular Kinds of Cybercrime, with an Average Ransom Demand of About $170,000. Ransomware has now become one of the most popular options for cyberattackers since 2022. The average amount attackers demand is $170,000.
100 Mind-Blowing Ransomware Facts
IoT Gadgets are Becoming More Prone to Cyberattacks. According to a report from SonicWall, while the number of ransomware continually decreases each year, the number of IoT devices being exploited by cyberpunks keeps increasing.
The US is the Most Prepared Country for Cybercrime. While companies globally report ransomware attacks affecting their businesses, firms in the United States are increasingly ready. These companies have 47% of cyber-resilience strategies implemented.
About 30.69 Million Antivirus Customers Used the Platform Daily in 2024. Over 30.69 million antivirus users use their software every day to scan for malicious files and folders. Some software programs run automatically, and some run in the background daily. So far, the most common kinds of malware are ransomware, adware, and Trojans.
Using a single password, hackers infiltrated the Colonial Pipeline Company in 2021 with a ransomware attack that caused fuel shortages across the U.S. (Bloomberg)
Meat processing company JBS was the victim of a ransomware attack that shut down beef and poultry processing plants on four different continents. (Wall Street Journal)
The average ransomware payout has increased dramatically from $812,380 in 2022 to $1,542,333 in 2023. (SC Magazine)
The number of ransomware victims in March 2023 was nearly double the number from the previous year. (Forbes)
The average cost of a ransomware recovery in 2024 is $2.73 million. (Sophos)
75 per cent of organisations suffered at least one ransomware attack last year. (Infosecurity Mag)
The use of stolen cards is the most common type of threat, followed by ransomware and phishing. (Verizon)
The average total cost of a ransomware breach is $5.13 million, 13 per cent higher than in 2022. (IBM)
There were over 630 ransomware incidents impacting healthcare worldwide in 2023. (HHS)
The WannaCry ransomware attack cost the U.K.’s National Health Service (NHS) more than $100 million. (Datto)
Cryptocurrency payments to ransomware attackers hit $449.1 million in the first half of 2023. (Reuters)
Manufacturing accounted for 65% of industrial ransomware incidents in 2022. (NAM)
The Average cost of a data breach is around $3.86 million (IBM): According to IBM, the average cost of a breach in data is around $3.68 million as of 2020. In 2021, this cost accelerated to $3.61 million in hybrid cloud environments. What makes the costs of data breaches even greater is that the average time to identify a breach is often around 287 days. The average cost of a ransomware breach was around $4.62 million in 2021 according to IBM, and healthcare suffered the worst, with the highest total cost for a data breach according to industry.
The development of machine learning is expected to be increasingly automated. Some sectors that best exemplify this fun fact about technology are agriculture, cybersecurity (you can read more about it from our expert interview on ransomware attacks and cybersecurity), fintech, manufacturing, and many more.