The average ransom payment in Australia was $2.5 million, the lowest among the countries surveyed

The healthcare sector had the highest average ransom payment at $7.5 million

The average ransom payment in 2023 was more than $3.6 million, an increase from last year's average of $2.5 million

Organizations in the UAE faced an average of 7 ransomware incidents, the highest number globally

Australia experienced an average of 4 ransomware incidents per year, the fewest globally

Organizations in the education sector reported an average dwell time of about 5 weeks prior to a ransomware incident.

30.6% of organizations recognized they were being targeted by ransomware during or after data exfiltration had already begun.

Organizations in the government sector reported an average dwell time of about 7 weeks prior to a ransomware incident.

13.11% of ransomware incidents involved encryption as the detected phase.

17.59% of ransomware incidents involved reconnaissance as the detected phase.

29.69% of retail organizations reported limited visibility into their entire environment.

52.63% of travel and leisure organizations reported limited visibility into their entire environment.

51.02% of education organizations reported limited visibility into their entire environment.

ExtraHop detects ransomware every 1.5 days across its customer base.

44.96% of technology organizations reported limited visibility into their entire environment.

37.50% of transportation organizations reported limited visibility into their entire environment.

30.66% of healthcare organizations reported limited visibility into their entire environment.

43.90% of telecom organizations reported limited visibility into their entire environment.

Critical industries globally, such as government and transportation, face an average response time of upwards of 3 weeks to security alerts.

In the United States, organizations experience an average response time of 2.8 weeks to security alerts.