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


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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


June 24, 2024

Hacker Claims Theft of 30M User Records From Australia Ticketing Company TEG

A hacker claims to have stolen the information of 30 million users from TEG subsidiary Ticketek. The post Hacker Claims...

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June 24, 2024

Japan’s Space Agency Was Hit by Multiple Cyberattacks, but Officials Say No Sensitive Data Was Taken

Japan’s space agency has suffered a series of cyberattacks, but sensitive information related to rockets and satellites was not affected....

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June 24, 2024

Facial Recognition Startup Clearview AI Settles Privacy Suit

Facial recognition startup Clearview AI has reached a settlement in an Illinois lawsuit alleging its massive photographic collection of faces...

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June 24, 2024

Investigation of Russian Hack on London Hospitals May Take Weeks Amid Worries Over Online Data Dump

Hundreds of operations and appointments are still being canceled more than two weeks after the June 3 cyberattack on NHS...

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June 21, 2024

Santander Employee Data Breach Linked to Snowflake Attack

Santander US is notifying over 12,000 employees that their personal information was compromised in a data breach. The post Santander...

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June 21, 2024

Spatial Computing Hack Exploits Apple Vision Pro Flaw to Fill Room With Spiders, Bats

A recently patched Vision Pro vulnerability was classified by Apple as a DoS issue, but a researcher has shown that...

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June 21, 2024

In Other News: Microsoft Email Spoofing, Snowflake Hack Ransoms, LogoFail Follow-Up

Noteworthy stories that might have slipped under the radar: Microsoft email spoofing vulnerability, Snowflake hack victims get ransom demands, LogoFail...

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June 21, 2024

Recent SolarWinds Serv-U Vulnerability Exploited in the Wild

Threat actors are exploiting a recent path traversal vulnerability in SolarWinds Serv-U using public PoC code. The post Recent SolarWinds...

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June 21, 2024

Juniper Networks Releases Security Bulletin for Juniper Secure Analytics

Juniper Networks released a security bulletin to address multiple vulnerabilities affecting Juniper Secure Analytics optional applications. A cyber threat actor...

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June 21, 2024

Personal and Chemical Facility Information Potentially Accessed in CISA Hack

CISA says CFATS program data was likely accessed after an Ivanti Connect Secure appliance was hacked in January. The post...

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In Case of Cyber Attack Emergency



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

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