According to a survey conducted by Sophos, the average ransom paid by organizations in the Philippines amounted to 1.34 million U.S. dollars, indicating a significant increase from the previous years. Ransomware attacks doubled between 2020 and 2021 across the globe and ransom payments have significantly increased.
Average cost to organizations hit with ransomware in the Philippines in 2020 and 2021
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Average ransom cost in million U.S. dollars
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News Bytes PH. (May 2, 2022). Average cost to organizations hit with ransomware in the Philippines in 2020 and 2021 (in million U.S. dollars) [Graph]. In Statista. Retrieved July 23, 2024, from https://www.statista.com/statistics/1309190/philippines-average-ransom-paid-by-companies/
News Bytes PH. "Average cost to organizations hit with ransomware in the Philippines in 2020 and 2021 (in million U.S. dollars)." Chart. May 2, 2022. Statista. Accessed July 23, 2024. https://www.statista.com/statistics/1309190/philippines-average-ransom-paid-by-companies/
News Bytes PH. (2022). Average cost to organizations hit with ransomware in the Philippines in 2020 and 2021 (in million U.S. dollars). Statista. Statista Inc.. Accessed: July 23, 2024. https://www.statista.com/statistics/1309190/philippines-average-ransom-paid-by-companies/
News Bytes PH. "Average Cost to Organizations Hit with Ransomware in The Philippines in 2020 and 2021 (in Million U.S. Dollars)." Statista, Statista Inc., 2 May 2022, https://www.statista.com/statistics/1309190/philippines-average-ransom-paid-by-companies/
News Bytes PH, Average cost to organizations hit with ransomware in the Philippines in 2020 and 2021 (in million U.S. dollars) Statista, https://www.statista.com/statistics/1309190/philippines-average-ransom-paid-by-companies/ (last visited July 23, 2024)
Average cost to organizations hit with ransomware in the Philippines in 2020 and 2021 (in million U.S. dollars) [Graph], News Bytes PH, May 2, 2022. [Online]. Available: https://www.statista.com/statistics/1309190/philippines-average-ransom-paid-by-companies/
