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


July 23, 2024

Phish-Friendly Domain Registry “.top” Put on Notice

The Chinese company in charge of handing out domain names ending in “.top” has been given until mid-August 2024 to...

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July 23, 2024

Canadian Startup Protexxa Attracts $10 Million Series A Financing

Canadian cybersecurity startup Protexxa closes a $10 million Series A funding round that brings the total raised to $15 million....

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July 23, 2024

Google Will Keep Third-Party Cookies in Chrome

Google no longer plans on deprecating third-party cookies in Chrome and is working on an updated approach. The post Google...

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July 23, 2024

CrowdStrike CEO Called to Testify to Congress Over Cybersecurity Firm’s Role in Global Tech Outage

U.S. House leaders are calling on CrowdStrike CEO George Kurtz to testify on widespread tech outage that services around the...

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July 23, 2024

CISA Releases Four Industrial Control Systems Advisories

CISA released four Industrial Control Systems (ICS) advisories on July 23, 2024. These advisories provide timely information about current security...

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July 23, 2024

National Instruments IO Trace

View CSAF 1. EXECUTIVE SUMMARY CVSS v4 8.4 ATTENTION : Low attack complexity Vendor : National Instruments Equipment : IO...

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July 23, 2024

National Instruments LabVIEW

View CSAF 1. EXECUTIVE SUMMARY CVSS v4 8.4 ATTENTION : Low attack complexity Vendor : National Instruments Equipment : LabVIEW...

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July 23, 2024

CISA Adds Two Known Exploited Vulnerabilities to Catalog

CISA has added two new vulnerabilities to its Known Exploited Vulnerabilities Catalog , based on evidence of active exploitation. CVE-2012-4792 Microsoft...

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July 23, 2024

Hitachi Energy AFS/AFR Series Products

View CSAF 1. EXECUTIVE SUMMARY CVSS v3 7.5 ATTENTION : Exploitable remotely/low attack complexity Vendor : Hitachi Energy Equipment :...

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July 23, 2024

CrowdStrike Speeding Up Remediation of Systems Hit by Blue Screen of Death

CrowdStrike tested a new technique to speed up the remediation of systems impacted by the recent bad update. 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