24% of organizations faced legal and regulatory penalties as a result of ransomware incidents.

22% of organizations reported a loss of customer or business opportunities as a result of ransomware incidents.

48% of organizations experienced encrypted or lost access to data or systems due to ransomware.

Public sector organizations faced the highest average downtime costs at $2.5 million USD per incident.

24% of victims were affected by publicly released or stolen data, leading to ongoing competitive and compliance risks.

34% of victim organizations experienced reputational damage that undermined customer and partner trust.

48% of organizations identified faster and more automated attack chains as the greatest threat from ransomware.

51% of organizations increased general cybersecurity investment following ransomware attacks

45% of organizations enhanced training and awareness programs following ransomware attacks

38% of organizations addressed the specific issue that enabled the ransomware attack

47% of organizations improved detection and monitoring capabilities after ransomware attacks

50% of financial services organizations implemented AI-powered threat detection.

45% of organizations reported concerns about their ability to detect and respond to threats as quickly as AI-automated attacks can execute.

94% of organizations in the energy sector reported a disconnect between leadership and security team perceptions of ransomware readiness.

37% of financial services organizations suffered significant disruption to business operations due to ransomware attacks.

78% of organizations experienced a ransomware attack in the preceding 12 months

54% of board members and C-level executives believe their organizations are 'very prepared' to face ransomware.

85% of security teams acknowledged that traditional detection methods are not keeping pace with modern threats.

50% of senior decision-makers reported concern about AI-generated phishing emails, compared to 40% of junior management

$1.7 million USD is the average downtime cost per ransomware incident reported by organizations.