Can your company survive a ransomware attack?
Recovering from a ransomware attack cost businesses $1.85 million on average in 2022.
Being hit by ransomware can have a devastating impact on a business, regardless of whether they choose to pay the ransom.
A recent study revealed that 37% of all businesses experienced a ransomware attack in 2021. An astonishing 32% of the victims opted to pay the ransom, only to recover a mere 65% of their data. This creates a lose-lose situation for the victims, resulting in financial and operational setbacks, regardless of the chosen course of action.
We have curated a package containing our most valuable resources to bolster your company's cybersecurity and equip you with the knowledge to combat cybercriminals.
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What you will receive the anti ransomware toolkit:
Simple enough for beginners, powerful enough for experts. Get smart about Ransomwares with this quick read.
Convince your company's board of ransomware impact. This infographic showcases the potential costs it could inflict on your organization.
This webinar delves into the workings of this digital virus and explores the preventive measures and solutions offered by senhasegura.go's functionalities to safeguard your corporate system.
Building an Incident Response Plan (IRP) is a critical step for addressing ransomware. An IRP outlines the procedures and processes organizations will follow in the event of a attack.
Utilizing metrics to measure results and guide cybersecurity investments is an effective strategy. In fact, Gartner has identified 16 protection level metrics that can help CISOs and CFOs target and prioritize cybersecurity initiatives.
Here are the latest ransomware attack statistics for 2023:
- The average cost of a ransomware attack reached a staggering $1.85 million.
- Disturbingly, projections indicate that a ransomware attack will occur every 2 seconds by 2031, highlighting the increasing frequency and severity of these threats.
- In the first half of 2022 alone, there were nearly 236.7 million ransomware attacks reported worldwide, underscoring the widespread nature of this cybercrime.
- According to Verizon's 2022 data breach report, ransomware attacks have witnessed a significant 13% increase over the past five years, indicating the growing sophistication and prevalence of these malicious incidents.
- Shockingly, ransomware breaches account for approximately 10% of all data breaches, further emphasizing their impact on organizations' security and sensitive information.
- While ransomware attacks are a grave concern, it's worth noting that 90% of such attacks did not result in any actual loss. However, the potential risks and disruption caused by these attacks cannot be underestimated.
- It takes an average of 49 days longer to identify and contain a ransomware breach compared to the average incident, highlighting the challenges involved in mitigating and responding to these attacks effectively.
- These statistics paint a concerning picture of the ransomware landscape, underscoring the urgent need for robust cybersecurity measures to protect businesses and individuals alike.