Between 2021 and 2024, the costs of recovery after ransomware attacks have doubled. In the latest measured year, the impact of the most significant ransomware attack cost organizations nearly three million U.S. dollars, up from 1.27 million U.S. dollars in 2021.
Cost of recovery after ransomware encounters at healthcare organizations worldwide from 2021 to 2024
(in million U.S. dollars)
Among organizations that experienced ransomware; leaders responsible for IT/cybersecurity
Supplementary notes
Original question:"What was the approximate cost to your organization to rectify the impacts of the most significant ransomware attack (considering downtime, people time, device cost, network cost, lost opportunity etc.)? n=271 (2024)/139 (2023)/ 253 (2022)/ 113 (2021). N.B. 2022 and 2021 question wording also included “ransom payment”.
The research was carried in 14 countries worldwide.
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Sophos. (September 26, 2024). Cost of recovery after ransomware encounters at healthcare organizations worldwide from 2021 to 2024 (in million U.S. dollars) [Graph]. In Statista. Retrieved December 04, 2024, from https://www.statista.com/statistics/1538141/healthcare-orgs-ransomware-recovery-cost/
Sophos. "Cost of recovery after ransomware encounters at healthcare organizations worldwide from 2021 to 2024 (in million U.S. dollars)." Chart. September 26, 2024. Statista. Accessed December 04, 2024. https://www.statista.com/statistics/1538141/healthcare-orgs-ransomware-recovery-cost/
Sophos. (2024). Cost of recovery after ransomware encounters at healthcare organizations worldwide from 2021 to 2024 (in million U.S. dollars). Statista. Statista Inc.. Accessed: December 04, 2024. https://www.statista.com/statistics/1538141/healthcare-orgs-ransomware-recovery-cost/
Sophos. "Cost of Recovery after Ransomware Encounters at Healthcare Organizations Worldwide from 2021 to 2024 (in Million U.S. Dollars)." Statista, Statista Inc., 26 Sep 2024, https://www.statista.com/statistics/1538141/healthcare-orgs-ransomware-recovery-cost/
Sophos, Cost of recovery after ransomware encounters at healthcare organizations worldwide from 2021 to 2024 (in million U.S. dollars) Statista, https://www.statista.com/statistics/1538141/healthcare-orgs-ransomware-recovery-cost/ (last visited December 04, 2024)
Cost of recovery after ransomware encounters at healthcare organizations worldwide from 2021 to 2024 (in million U.S. dollars) [Graph], Sophos, September 26, 2024. [Online]. Available: https://www.statista.com/statistics/1538141/healthcare-orgs-ransomware-recovery-cost/
