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

February 23, 2023

Stealthy Mac Malware Delivered via Pirated Apps

Cybercriminals are delivering stealthy cryptojacking malware to Macs using pirated apps and they could use the same method for other...

February 23, 2023

Cybersecurity VC Funding Topped $18 Billion in 2022: Report

Over 1,000 cybersecurity funding announcements were made in 2022, and startups raised $79 billion across more than 4,200 deals since...

February 23, 2023

TikTok Banned From EU Commission Phones Over Cybersecurity

The European Union’s executive branch has banned TikTok from phones used by employees as a cybersecurity measure, reflecting widening worries...

February 23, 2023

Russian Accused of Developing NLBrute Malware Extradited to US

A Russian malware developer behind the NLBrute brute-forcing tool has been extradited to the United States from Georgia. The post...

February 23, 2023

Webinar Today: Building Sustainable OT Cybersecurity Programs

Join this webinar to gain clear advice on the people, process and technology considerations that must be made at every...

February 23, 2023

Cisco Patches High-Severity Vulnerabilities in ACI Components

Cisco has patched DoS and CSRF vulnerabilities in the Application Policy Infrastructure Controller (APIC) and Nexus 9000 series switches. The...

February 23, 2023

Fortinet FortiNAC Vulnerability Exploited in Wild Days After Release of Patch

Hackers started exploiting the Fortinet FortiNAC vulnerability CVE-2022-39952 the same day a PoC exploit was released. The post Fortinet FortiNAC...

February 22, 2023

Intel Paid Out Over $4.1 Million via Bug Bounty Program Since 2017

Intel paid out more than $935,000 through its bug bounty program in 2022, but found over half of the vulnerabilities...

February 22, 2023

Google Paid Out $12 Million via Bug Bounty Programs in 2022

Google rewarded over 700 researchers in 2022 for contributions to its bug bounty program, with the highest single payout at...

February 22, 2023

R1Soft Server Backup Manager Vulnerability Exploited to Deploy Backdoor

Hackers have been exploiting a vulnerability tracked as CVE-2022-36537 to hack hundreds of R1Soft servers. The post R1Soft Server Backup...

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