Ransomware Tracker [2023]

When it comes to ransomware attacks, it’s not if; it’s when. 92% of organizations worldwide experienced at least one ransomware attack in 2022, and the average total cost of attack hit an astounding $4.3 million.Spin.AI helps you reduce downtime and recovery costs in case disaster strikes – but how prevalent is the risk of a ransomware attack? See for yourself with our downloadable ransomware tracker, regularly updated with incidents and attacks by name, location, date, and industry.

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Ransomware Basics

According to Cybersecurity and Infrastructure Agency, Ransomware is an ever-evolving form of malware designed to encrypt files on a device, rendering any files and the systems that rely on them unusable. Malicious actors then demand ransom in exchange for decryption. The most recent strains of ransomware steal data before decrypting, the technique called double-extortion. Ransomware actors often target and threaten to sell or leak exfiltrated data or authentication information if the ransom is not paid.

In recent years, ransomware incidents have become increasingly prevalent among the Nation’s state, local, tribal, and territorial (SLTT) government entities and critical infrastructure organizations.

Did you know?

• In 2022 alone, organizations all around the world detected 493.33 million ransomware attacks
• 62% of successful infiltrations in ransomware attacks are via phishing
• The average ransom payment is $812,360
• 36% of businesses that pay the ransom fall victim to ransomware attacks for a second time
• Education, Government, and Healthcare were the top 3 most frequently targeted industries in 2022 
• 90% of all financial institutions experienced ransomware attacks in 2022
• Almost a quarter of all ransomware attacks target professional services firms, especially small and midsize law firms
• On average, it takes 21 days to identify and remediate ransomware attack

Slash downtime from months to under two hours, and reduce recovery costs by up to 90% with SpinOne SaaS Ransomware Detection and Response. Try a free demo here.