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

September 21, 2023

Every Network Is Now an OT Network. Can Your Security Keep Up?

Many previously isolated OT networks, like manufacturing, processing, distribution, and inventory management, have now been woven into larger IT networks....

September 21, 2023

Navigating the Digital Frontier in Cybersecurity Awareness Month 2023

ZTNA stands out as a solution that enables organizations to minimize their attack surface while ensuring the productivity and security...

September 21, 2023

TransUnion Denies Breach After Hacker Publishes Allegedly Stolen Data

TransUnion denies suffering a breach after a hacker publishes 3GB of data allegedly stolen from the credit reporting firm. The...

September 21, 2023

Legit Security Raises $40 Million in Series B Financing

Legit Security raises $40 million in a Series B funding round led by CRV to help organizations protect the software...

September 21, 2023

Cisco to Acquire Splunk for $28 Billion

Cisco will boost its cybersecurity capabilities by shelling out $28 billion to buy Splunk, which Cisco says will drive the...

September 21, 2023

Atlassian Security Updates Patch High-Severity Vulnerabilities

Atlassian has released patches for multiple high-severity vulnerabilities in Jira, Confluence, Bitbucket, and Bamboo products. The post Atlassian Security Updates...

September 21, 2023

Car Cybersecurity Study Shows Drop in Critical Vulnerabilities Over Past Decade

An automotive cybersecurity study shows that critical-risk vulnerabilities have decreased in the past decade. The post Car Cybersecurity Study Shows...

September 21, 2023

Delta Electronics DIAScreen

View CSAF 1. EXECUTIVE SUMMARY CVSS v3 7.8 ATTENTION : Low attack complexity Vendor : Delta Electronics Equipment : DIAScreen...

September 21, 2023

Rockwell Automation FactoryTalk View Machine Edition

View CSAF 1. EXECUTIVE SUMMARY CVSS v3 9.8 ATTENTION : Exploitable remotely/low attack complexity Vendor : Rockwell Automation Equipment :...

September 21, 2023

Siemens Spectrum Power 7

As of January 10, 2023, CISA will no longer be updating ICS security advisories for Siemens product vulnerabilities beyond 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

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ALL RIGHTS RESERVED 2022

RansomwareClock.org

ALL RIGHTS RESERVED 2021