RansomwareClock.org

Reported Cost of Ransomware Attacks 2023 YTD

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

2023 has seen dreadful tragedies of all kinds, not the least of which is the unrelenting increase of cyberattacks. We must work together to protect our companies and communities from the financial, operational, and emotional devastation of cybercrime.

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

December 9, 2023

Europe Reaches a Deal on the World’s First Comprehensive AI Rules

Researchers have warned that powerful AI models could be used to supercharge online disinformation, cyberattacks or creation of bioweapons. The...

December 8, 2023

Opal Security Scores $22M Investment for IAM Technology

San Francisco startup gets fresh capital from Battery Ventures to compete in the crowded identity and access management space. The...

December 8, 2023

In Other News: Fake Lockdown Mode, New Linux RAT, AI Jailbreak, Country’s DNS Hijacked

Noteworthy stories that might have slipped under the radar: fake Lockdown Mode, a new Linux RAT, jailbreaking AI, and an...

December 8, 2023

ProvenRun Banks €15 Million for Secure Connected Vehicle Software

French startup ProvenRun raises €15 million investment to build secure software for connected vehicles and IoT devices. The post ProvenRun...

December 8, 2023

WordPress 6.4.2 Patches Remote Code Execution Vulnerability

WordPress 6.4.2 patches a flaw that could be chained with another vulnerability to execute arbitrary code. The post WordPress 6.4.2...

December 8, 2023

Russian APT Used Zero-Click Outlook Exploit

Russian threat actor APT28 has been exploiting a no-interaction Outlook vulnerability in attacks against 14 countries. The post Russian APT...

December 8, 2023

US, UK Announce Charges and Sanctions Against Two Russian Hackers

The US and UK announce charges and sanctions against two hackers working with Russia’s FSB security service. The post US,...

December 8, 2023

Atlassian Releases Security Advisories for Multiple Products

Atlassian has released security updates to address vulnerabilities affecting multiple Atlassian products. A cyber threat actor could exploit one of...

December 8, 2023

Android, Linux, Apple Devices Exposed to Bluetooth Keystroke Injection Attacks

A Bluetooth authentication bypass allows attackers to connect to vulnerable Android, Linux, and Apple devices and inject keystrokes. The post...

December 8, 2023

Cyberattack on Irish Utility Cuts Off Water Supply for Two Days

Hackers launched a cyberattack on an Irish water utility, causing disruption and leaving people without water for two days. The...

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