03 Oct Ransomware Statistics in 2022

Introduction

Ransomware Statistics – Ransomware attacks have come a long way from their brutal, unworldly beginnings as “spray and pray” email phishing campaigns against randomly selected targets.

The total number of attacks has decreased, but their efficiency and success rate have increased.

An analysis of ransomware statistics, facts and examples show that hackers have shifted their effort to business, discovering interconnected systems with security holes, the willingness to pay so that essential business functions can restore, and – most importantly – deep pockets.

Key Ransomware Statistics

• According to the IBM Security X-Force, one in three ransomware attacks in 2020 remain carried out by the Sodinokibi ransomware family. Schools and universities are significant targets because of the COVID-19 pandemic.
• There will be a ransomware attack every 12 seconds by 2022. By then, the global cost will be $20 billion annually.
• Today, companies suffer ransomware attacks every 40 seconds.
• Phishing emails cause two-thirds of ransomware infections.
• Each year, ransomware generates about $1 billion in revenue for cybercriminals.
• About 9% of the US people have been a victim of a ransomware attack at some point.

General Ransomware Statistics

There will be a ransomware dose every 11 seconds by 2022, according to a 2018 analysis by CyberSecurity Ventures.

According to cyber-attack statistics published by Symantec, the frequency of ransomware declined by 20% in 2018, the first drop since 2013.

Symantec, a leading Internet security company, says the drop in activity is even more noticeable when WannaCry, Petya and other copycat worms remain removed from the equation. So the depth is 52 per cent.

Annual ransomware damage will soar to $20 billion by 2022.

Recent security breaches are less frequent but are increasingly lucrative for cybercriminals. It is partly because ransomware operators are adopting new strategies and attack angles against high-profile targets.

Six million Americans were affected by ransomware attacks from June 2016 to June 2017.

It was the year of the ransomware cyber attack, the year of WannaCry. Cybersecurity operator Symantec blocked 405,000 consumer ransomware contagions during this period.

Also Read: Best Adware Removers for Your PC 2022 Update and Mini Tooltips

How does ransomware spread?

Phishing emails are the course for two-thirds of ransomware contagions.

Spam campaigns are a popular method of spreading malicious code. Spearfishing, the most targeted and personalized approach, is far more effective at infiltrating complex safety nets. In 33 per cent of the cases of infection, training on user safety was insufficient.

Ransomware operators pose as authority statistics like the FBI. Between those attacks, 82% lock the victim’s computer without encoding the files.

To provide the impression of authority and scare people into paying, attackers often pose as FBI agents, ransomware statistics show.

The hunt for ransomware has seen an 877% rise in traffic since 2016.

That’s just when ransomware became a multibillion-dollar business during the major ransomware attacks of 2017, says Kylie McRoberts, senior strategist at Google.

How Much Money Have The Recent Cyber Attacks Raised?

Ransomware revenues jumped from February to March 2016, from about $400,000 to nearly $2.5 million.

The Locky and Cerber attacks were mainly answerable for this huge spike.

Conferring to ransomware statistics, in 2016 and 2017, the median sum wanted from consumers was $250.

The average, not the median, reported as ransom was around $530. The highest was around $8,000.

Of course, the monetary cost is only part of the picture revealed by ransomware attack statistics. Psychological trauma, the time it takes to prepare for the condition and the loss of possessions valued as family photos. And work-related documents should remain considered when assessing the total impact.

Ransomware Victim Statistics: Consumers

About 9% of Americans have been victims people of ransomware attacks.

There are an assessed 200 million Internet users in the United States. Ransomware statistics from a 2019 Stanford study suggest that 17 million people have fallen victim to ransomware.

However, most of the time, several people use the same computer. That means the number of ransomware victims is considerably higher than that of affected households.

Conclusion

In conclusion, statistical ransomware attacks have shown that their impact can devastate small business owners and organizations. Ransomware is not only a threat to small businesses and organizations but also impacts people. In their public service report requested by the FBI, they urge anyone who has suffered a ransomware infection never to pay ransoms because it helps criminals refine their attacks and catch even more victims.

Also Read: Dangerous Malware and Security Threats