RansomwareClock.org

Reported Cost of Ransomware Attacks 2024 YTD

Aggregated Estimate from Public and Private Sources, Reflects Reported Attacks Only. Actual cost estimated to be significantly higher.

The forecast for cybercrime in 2024 is harsh with attacks increasing in frequency, sophistication, and severity. We must work together to protect our companies and communities from the financial, operational, and emotional trauma of cyber-attacks.

Cyber Stats

$1.85m

average cost for remediation, business downtime, lost orders, operational costs, etc. 2X vs year ago. Recovery cost is 10X the size of the ransom payment. Sophos, The State of Ransomware 2021

93%

consider an organization's trustworthiness prior to purchasing. 59% would avoid doing business with a company cyberattacked in the past 12 months. Arcserve 2020 Survey

11 seconds

a new ransomware attack hits this year. Cybersecurity Ventures. (In the time it takes you to read this cyber stat, another business has been hit with a ransomware attack.)

207 days

days is the average time to identify a breach. Meaning the bad guys are in your system for over 6-months. IBM Security Cost of a Data Breach Report 2020.

Only 21%

of security professionals think their current security controls are adequate. Forrester State of Enterprise IoT Security in North America

21 days

days is the average downtime caused by a ransomware attack. Coveware Q4, 2020

Spotlight

CISA

The Cybersecurity and Infrastructure Security Agency (CISA) was founded in 2018 and is a standalone United States federal agency, organized under the Department of Homeland Security (DHS). It exists to...

RECENT ATTACKS & NEWS

September 13, 2024

Apple Suddenly Drops NSO Group Spyware Lawsuit

Apple said there’s “too significant a risk” of exposing the anti-exploit work needed to fend off the very adversaries involved...

September 13, 2024

Post-CrowdStrike Fallout: Microsoft Redesigning EDR Vendor Access to Windows Kernel

Microsoft is revamping how anti-malware tools interact with the Windows kernel to avoid another CrowdStrike faulty update catastrophe. The post...

September 13, 2024

In Other News: Possible Adobe Reader Zero-Day, Hijacking Mobi TLD, WhatsApp View Once Exploit

Noteworthy stories that might have slipped under the radar: a possible Adobe Reader zero-day, researchers mistakenly hijack .mobi TLD, and an...

September 13, 2024

The Dark Nexus Between Harm Groups and ‘The Com’

A cyberattack that shut down some of the top casinos in Las Vegas last year quickly became one of the...

September 13, 2024

Apple Patches Vision Pro Vulnerability to Prevent GAZEploit Attacks

Apple has released a patch for Vision Pro after researchers showed how an attacker can obtain passwords typed by looking...

September 13, 2024

CISA Releases Analysis of FY23 Risk and Vulnerability Assessments

CISA has released an analysis and infographic detailing the findings from the 121 Risk and Vulnerability Assessments (RVAs) conducted across...

September 13, 2024

CISA Adds One Known Exploited Vulnerability to Catalog

CISA has added one new vulnerability to its Known Exploited Vulnerabilities Catalog , based on evidence of active exploitation. CVE-2024-8190 Ivanti...

September 13, 2024

Ivanti Releases Security Update for Cloud Services Appliance

Ivanti has released a security update addressing an OS command injection vulnerability (CVE-2024-8190) affecting Ivanti Cloud Services Appliance (CSA) 4.6...

September 13, 2024

New ‘Hadooken’ Linux Malware Targets WebLogic Servers

The recently observed Hadooken malware targeting Oracle WebLogic applications is linked to multiple ransomware families. The post New ‘Hadooken’ Linux...

September 13, 2024

House Report Shows Chinese Cranes a Security Risk to US Ports

A joint report from the Committees on China and Homeland Security warns of the security risks posed by Chinese cranes...

PREVENTATIVE RESOURCES

Governmental and Law Enforcement

Legal Matters

Insurance Resources

In Case of Cyber Attack Emergency

If a ransomware incident occurs at your organization, CISA, FBI, and NSA recommend the following actions:

Follow the Ransomware Response Checklist on p. 11 of the CISA-Multi-State Information Sharing and Analysis Center (MS-ISAC) Joint Ransomware Guide
Scan your backups. If possible, scan your backup data with an antivirus program to check that it is free of malware.
Report incidents immediately to CISA at https://us-cert.cisa.gov/report, a local FBI Field Office, or U.S. Secret Service Field Office
Apply incident response best practices found in the joint advisory from Australia, Canada, New Zealand, the United Kingdom, and the United States on Technical Approaches to Uncovering and Remediating Malicious Activity.

Contact your Local FBI Office - https://www.fbi.gov/contact-us/field-offices

Report a Complaint to the FBI’s Internet Criminal Complaint Center: www.IC3.gov

Technical Expertise/Crisis Communications

RansomwareClock.org

RansomwareClock.org

ALL RIGHTS RESERVED 2022

RansomwareClock.org

ALL RIGHTS RESERVED 2021