Ransomware remains a dominant force in the cybersecurity landscape, inciting significant concern across industries. Regular headlines underscore the catastrophic effects of these attacks, underscoring the vital need for robust defenses and informed decision-making. Our Information Risk Insights Study on Ransomware aims to transform the prevalent fear, uncertainty, and doubt (FUD) into a proactive stance of awareness, preparedness, and resilience. By presenting clear, data-driven insights, we guide organizations from uncertainty to strategic, informed action.
Explore our latest Information Risk Insights Study (IRIS): Ransomware, supported by the Cybersecurity and Infrastructure Security Agency (CISA), which delves into this critical and evolving threat. This in-depth analysis captures the significant impact of ransomware over the past five years, offering a comprehensive breakdown of incidents that have compromised over a billion data records and resulted in financial damages totaling approximately $270 billion. With this report, we provide pivotal insights and expert analysis, equipping organizations with the knowledge to navigate and mitigate the ransomware menace effectively.
Ransomware remains a dominant force in the cybersecurity landscape, inciting significant concern across industries. Regular headlines underscore the catastrophic effects of these attacks, underscoring the vital need for robust defenses and informed decision-making. Our report aims to transform the prevalent fear, uncertainty, and doubt (FUD) into a proactive stance of awareness, preparedness, and resilience. By presenting clear, data-driven insights, we guide organizations from uncertainty to strategic, informed action.
We are excited to offer a detailed exploration of more than 14,000 ransomware incidents, revealing patterns and insights that are crucial for understanding this pervasive threat. The forthcoming pages will detail these findings, providing a nuanced view of the risk ransomware poses and showcasing the steps organizations can take to fortify their defenses.
Key Findings
- Ransomware accounted for 32% of all security incidents and 38% of financial losses from cyber events in the last five years.
- A stark increase from less than 1% in 2015, ransomware represented over half (52%) of monthly reported cyber events by 2023.
- Approximately 10% of organizations are likely to experience a ransomware incident within the next year.
- While ransomware impacts 51% of incidents in the Manufacturing sector, it affects only 15% in Financial Services.
We address questions that resonates in the boardrooms of every organization. Through our detailed analysis, we illustrate not just the possibility, but the varying degrees of impact and frequency of ransomware attacks across different sectors. By breaking down real-world data and trends, we offer a clear-eyed view of the threat landscape, enabling organizations to gauge their own risk levels and refine their defense strategies accordingly.
By engaging with the Information Risk Insights Study on Ransomware, you gain access to essential insights that are pivotal in preparing for and addressing the reality of ransomware in today’s digital world. This report is an indispensable tool for anyone committed to enhancing their organization’s cybersecurity posture.
