An FYI — Ransomware Targets
We’re all aware of the growth of cyber attacks. It’s close to all out war between businesses and cyber criminals. One of the favorite ways of getting into a business or a home, is ransomware.
NetDiligence’s Ransomware 2022 Spotlight report says since 2017 ransomware has grown 30 times what it was that year. The average demand from these criminals in 2021 was $751,000.
In 2020 that figure was $357,000.
NetDiligence president, Mark Greisiger said ransomware is the number-one cause for losses experienced by small and medium-sized businesses. From 2017 to 2021 44% of the losses experienced by those businesses came via email.
In 2020 and 2021 that figure jumped to close to 50%.
“Furthermore, the overall business interruption cost of a ransomware incident has significantly grown over that time period,” Greisiger said. “The average costs for a ransomware incident in 2021 were almost double the five-year average costs.”
These are the most targeted industries according to the NetDiligence report:
1. Technology Average ransomware demand 2017 to 2020: $623,000 Average forensic costs 2017 to 2020: $97,000
2. Energy Average ransomware demand 2017 to 2020: $504,000 Average forensic costs 2017 to 2020: $93,000
3. Entertainment Average ransomware demand 2017 to 2020: $415,000 Average forensic costs 2017 to 2020: $61,000
4. Manufacturing Average ransomware demand 2017 to 2020: $413,000 Average forensic costs 2017 to 2020: $335,000
5. Transportation Average ransomware demand 2017 to 2020: $405,000 Average forensic costs 2017 to 2020: $74,000
6. Hospitality Average ransomware demand 2017 to 2020: $386,000 Average forensic costs 2017 to 2020: $112,000
7. Gaming and casinos Average ransomware demand 2017 to 2020: $376,000 Average forensic costs 2017 to 2020: $49,000
8. Professional services Average ransomware demand 2017 to 2020: $346,000 Average forensic costs 2017 to 2020: $47,000
9. Education Average ransomware demand 2017 to 2020: $289,000 Average forensic costs 2017 to 2020: $64,000
Source link: Property Casualty360 https://bit.ly/3gQQdxi |
