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The average cost of remediating a ransomware attack for victim organizations exceeded $4.5 million in 2022, and this figure does not include the ransom payment, damage to brand, lost revenue from disruption to operations, increased cyber insurance premiums or other tangential costs. Ransomware is one of the biggest threats to any organization, regardless of size or industry. The downstream impacts from a large-scale ransomware event can have massive fiscal fallout and real-world repercussions. Traditional security solutions, while robust and effective for some threats, have clearly failed to protect organizations against ransomware attacks. There is a huge gap in protection and ransomware operators are expertly exploiting it to the tune of hundreds of millions of dollars yearly.

The targets of a ransomware attack aren't just big businesses, it's anyone with digital operations and an online footprint. Ransomware Groups have expanded their cyberattack operations to target government entities of all sizes. With a low cost of entry and a high success rate, these attacks have caused over $70B in damage between 2018 and 2022. This infographic breaks down the full scope.

The targets of a ransomware attack aren't just big businesses, it's anyone with digital operations and an online footprint. Ransomware Groups are moving down market. In the last two years criminal ransomware groups have expanded their cyber attack operations to a new and vulnerable segment – small and medium-sized businesses (SMBs). This infographic breaks down the latest impacts.