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The Relentless Grip of Ransomware

  • The rise of ransomware incidents is a major concern, with ransomware involved in nearly half of all data breaches.
  • While the median ransom payment decreased to $115,000 in 2024, a growing number of victim organizations are choosing not to pay the ransom.
  • Small and medium-sized businesses (SMBs) are particularly vulnerable, with ransomware being present in 88% of breaches affecting these organizations.
  • The costs associated with recovery, downtime, reputational damage, and potential regulatory fines can outweigh the ransom demand itself.

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