Cost Of Ransomware In 2024 Cost. The cost of a ransomware attack is escalating—the median payment is now $2m, a 5x increase from last year, while the mean payment is $3.9m, a 2.6x increase. Ransomware attackers broke records in 2023, pulling in over $1 billion from victims.
The severity of ransomware attacks spiked by 68% in the first half of 2024, compared with the previous six months, a new report by cyber insurance provider coalition. Access the comprehensive report, featuring expert insights on topics such as revenue loss, executive turnover, the changing landscape of ransomware attacks, and actionable steps you can take to address these challenges.
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