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20 Ransomware Statistics You’re Powerless to Resist Reading [Updated for 2024]

Graphic: Ransomware statistics and ransomware attack feature image illustration

$4.91 million — that’s what IBM’s 2024 report indicates is the average cost of a ransomware attack. But this ransomware statistic doesn’t include the cost of the ransom demand itself, which could cost tens of millions!

Editor’s Note: This ransomware statistics article was originally published in February 2020. The content was updated in May 2022 and again in October 2024 with new statistics, data, and content.

Let’s kick off our ransomware statistics list with one gut-wrenching number: $75 million.

On its face, this number may not seem all that devastating, but this is the amount Zscaler reports a single company reportedly paid the Dark Angels ransomware gang. Again, this amount was the ransom that was paid to the threat actors — this isn’t even representative of other costs the company faced as a result of the ransomware attack!

To put this in perspective, this single ransom payment is the equivalent of Serbia’s GDP value (according to 2023 data from the World Bank Group). Knowing this, we’ll explore other ransomware statistics that help put this thriving criminal enterprise into perspective.

Let’s hash it out.

The post 20 Ransomware Statistics You’re Powerless to Resist Reading [Updated for 2024] appeared first on Hashed Out by The SSL Store™.

Article source: https://www.thesslstore.com/blog/ransomware-statistics/

The SSL Store Security Specialist