In response to these evolving threats, Cybereason has released the second annual Ransomware: The True Cost to Business 2022 report, to assist organizations in defending against ransomware attacks.
- 73% of respondents said their organization had been the target of at least one ransomware attack over the past 24 months (an increase of 33% percent from the 2021 survey).
-Nearly half (49%) paid to avoid any loss of revenue, while 41% paid to expedite recovery
- Of the 46% of organizations that reported losses from a ransomware attack, 67% said their combined losses reached between $1 million and $10 million (USD).
- Of the 28% of respondents who paid the ransom, 80% of them got hit with a second ransomware attack and 68% percent got hit a second time within a month and for a higher ransom.