Overall, the number of ransomware attacks decreased rapidly between the third and fourth quarters of 2022 . The way 2022 went, 2023 will hardly get any better (Image credit: Future) The LockBit ransomware group, with its LockBit 3.0 encryptor, was the most prominent and damaging organization in the. Cryptojacking saw a23%increase in 2021. (Palo Alto, 2022), 24. There will be huge security impacts in the coming year from the move to work from home (WFH) fueled by COVID-19. In, SonicWall. In early April, the first ransomware attack on the nation affected the finance ministry, private import-export businesses, and government services. We have enabled over 750 enterprise clients in 38 countries, including FIFA, NHS, Capita, BNP Paribas and Unilever, across all verticals to strengthen their cyber defences. (Sophos, 2022), 55. (Backblaze, 2021), 28. (Sophos, 2022), 58. 89. Ransomware gangs mademore than $400 millionin 2020. Nvidia: The world's largest semiconductor chip company was compromised by a ransomware attack in February, 2022. (CrowdStrike, 2021), 94. The FBIs Internet Crime Complaint Center (IC3) received3,729complaintsidentified as ransomware in 2021. Here are theransomware strainsreported most in 2021. (Coveware, 2022), 77. Lawrence Abrams. (Sophos, 2021), 69. (SonicWall, 2021), 48. Unfortunately, 2022 is no different. Lots of 5G vulnerabilities will become headline news as the technology grows. (IBM Cost of a Data Breach Report 2021), Ransomware Payouts: Cryptocurrency has been the preferred payment method for cybercriminals for a while now, especially when it comes to ransomware. The average cost to resolve a ransomware attack in the health care industry was$1.85million in 2021. Cryptojackingmore than quadrupledin North America in 2020. Colonial Pipeline (2021) On May 7, 2021, America's largest "refined products" pipeline went offline after a hacking group called Darkside infiltrated it with ransomware. (Verizon, 2022), 8. (Sophos, 2022), 25. The combined threat of encryption and data exfiltration is a form of double extortion, and threat actors are increasingly relying on this attack method because it is more profitable. The threat of ransomware became an all-too-real reality for manycompanies and internet users in 2021 just imagine waking up to a$70 millionransom note onyour computer. 60%of higher education institutions had their data restored after paying their ransom in 2021. Security Week Ransomware Revenue Plunged in 2022 as More Victims Refuse to Pay Up: "According to data from Coveware, a company that helps organizations respond to ransomware attacks, the . Biggest Ransomware Attacks of 2022 How to Prevent Ransomware Attacks What is Ransomware? (Palo Alto, 2022), 26. The sectors most impacted by these ransomware attacks included. So, without further ado, lets get started. Hacktivism: An overview plus high-profile groups and examples, What is malware + how to prevent malware attacks in 2022, What is a smurf attack, plus smurf attack prevention pointers. In Sophos' State of Ransomware report for 2022, the vendor surveyed 5,600 IT professionals from small, medium and large organizations about ransomware, with over 900 sharing details of ransom payments made. Chuck Brooks, President of Brooks Consulting International, and Adjunct Faculty at Georgetown University. 1. Get cybersecurity updates you'll actually want to read directly in your inbox. Ransomware attacks saw a 13% increase over the past fiveyears. The company confirmed that the threat actor leaked employee credentials and proprietary information online. (TenaflyPublic Schools, 2022), 39. The increased integration of endpoints combined with a rapidly growing and poorly controlled attack surface poses a significant threat to the Internet of Things, Brooks explained. Ransomware attacks on higher education institutions increased by28%in 2021. The highest ransom demanded from a victim reached$70 millionin 2021. And despite the best efforts to maintain a sense of control whenit comes tocybersecurity, these attacksindeed happen. Save my name, email, and website in this browser for the next time I comment. Media reports have pegged the amount at $500,000, but the county is not confirming that figure, Delaware County, Pennsylvania paid a $500,000 ransom, Computer giant Acer hit by a ransomware attack, Acer offered to pay the group $10 million, but REvil gang rejected that offer, Ransomware gang leaks data from Metropolitan Police Department, Metropolitan Police Department hit by a ransomware attack, Chemical distribution company Brenntag paid a $4.4 Million to the DarkSide ransomware group, Ireland's Health Services suffer ransomware attack, Apex America hit by Sodinokibi ransomware, Colonial Pipeline paid $5 Million ransom one day after cyberattack, CEO tells Senate, Colonial Pipeline paid ransom to DarkSide ransomware gang, JBS paid $11 Million to REvil ransomware, $22.5M first demanded, Insurance giant CNA fully restores systems after ransomware attack, Phoenix CryptoLocker operators utilised by Evil Corp, CNA restores its systems after paying ransom, Marylands Leonardtown town becomes a victim of a global ransomware attack that targets Kaseya product user Just Tech, Marylands Leonardtown suffers a ransomware attack that hits JustTech, a product user of Kaseya, Ransomware demand $80,000 from York Animal Hospital, York Animal Hospital suffer ransomware attack, Babuks new ransomware forum RAMP suffers ransomware attack, Babuks newly launched ransomware forum RAMP hit by a ransomware attack, The Judson Independent School District pays ransom, Judson Independent School District ransomware attack, Joplin city computers shutdown was ransomware attack, Joplin city governments insurer paid $320,000, US farmer cooperative New Cooperative hit by BlackMatter ransomware attack, New Cooperative suffers BlackMatter ransomware attack, Web hosting service Exabytes suffers ransomware attack, A ransomware attack targets Web hosting service Exabytes, JVCKenwood hit by Conti ransomware claiming theft of 1.5TB data, Accenture discloses a data breach after August ransomware attack, Schreiber Foods hit with cyberattack; plants closed, Schreiber Foods suffers ransomware attack, Thailands Central Restaurants Group (CRG) suffers ransomware attack, Desorden group refused to accept $900,000.00 USD offer made by Central Restaurants Group (CRG), Thailands Central Restaurants Group (CRG) hit by a ransomware attack, Electronics retail giant MediaMarkt suffers ransomware attack, Hive ransomware hits electronics retail giant MediaMarkt, Hackers dump NHS records of Lister Fertility Clinic on their leak site, Hackers dump NHS records of Lister Fertility Clinic on dark web, Apparently Conti Ransomware exploited Log4j flaws, Delta Electronics, a Taiwanese electronics manufacturing company, Delta Electronics hit by a ransomware attack, BlackCat ransomware implicated in attack on German oil companies, German oil companies suffer ransomware attack, Germans Hensoldt confirms Lorenz ransomware attack, Germans Hensoldt hit by a ransomware attack, New Bedford Police suffer ransomware attack, Offered $400,000 payment to unlock the computers, but the attackers refused the offer, Glenn County Office of Education pays ransom to Quantum group, Glenn County suffers ransomware attack and agrees to pay ransom of $400,000, Walmart hit by Yanluowang ransomware attack, Ransomware group claims an attack on Walmart, BlackCat attacks University of Pisa; Demands $4.5M Ransom, University of Pisa suffers BlackCat ransomware attack, How Conti ransomware hacked and encrypted the Costa Rican government, Costa Rica government hit by Conti ransomware, Quantum ransomware attack disrupts govt agency in Dominican Republic, Quantum Ransomware govt agency in Dominican Republic, Hackers demand $10m to end cyber attack on CHSF Hospital Center, Quantum ransomware targets Dominican Republic's govt agency, Damart clothing store hit by Hive ransomware, $2 Million demanded, Damart clothing store suffers Hive ransomware attack, Montenegro hit by ransomware attack, hackers demand $10 Million, Everest ransomware operators claim to have hacked South Africa state-owned company ESKOM Hld SOC Ltd, South Africa state-owned company ESKOM Hld SOC Ltd hit by a ransomware attack, AFP investigates $1m ransom demand posted online for allegedly hacked Optus data, Australian insurance firm Medibank confirms ransomware attack, Pendragon car dealer refuses $60 Million LockBit ransomware demand, Pendragon car dealer refuses $60 Million ransom demand of LockBit ransomware, The BlackByte ransomware group claims to have compromised Asahi Group Holdings, a precision metal manufacturing and metal solution provider, The ransomware gang demands $500k to buy data and $600k to delete the stolen data, Asahi Group Holdings faces ransomware attack, Medibank hackers sell Deutsche Bank data online for 7.5 BTC, Hackers that sold Medibank access credentials are selling Deutsche Bank data online, LockBit offers to sell 40TB of stolen files of Continental for $50 Million, LockBit ransomware gang offers to sell Continental data for $50 Million, Hackers that hit AIIMS Delhi raise a demand of nearly $24.5 million in BTC, Hackers put the AIIMS servers down and it is feared that data of around 3-4 crore patients (including VVIPs patients) could have been compromised, AIIMS Delhi hackers demand ransom of nearly $24.5 million in BTC. 70%of higher education institutions used data backups to recover stolen information in 2021. Ransomware attacks are more popular than ever up 85% since 2020. Bernalillo County, New Mexico: This was one of the first big attacks in 2022. New ransomware strains are popping up more and more each day. In addition, keep your antivirus software up to date, and think about deploying a ransomware encryption protection solution. (SonicWall), In the last three years, there have been 246 separate ransomware attacks on US government agencies, costing nearly $52.88 billion. There were a total of 236.1 million ransomware attacks worldwide during the first half of 2022 alone. We have answers. What happened:An attempted ransomware attack on Indias SpiceJet airline in May of 2022 caused flights to be delayed and people to be stranded at airports. (BlueVoyant), Since 2020, at least 1,681 universities and schools have been hit by 84 different ransomware attacks. The whole purpose behind ransomware is to make money whetherthat's done legally or not. You should also test these plans in a simulated attack environment through a Ransomware Tabletop Exercise. She covers various topics in cybersecurity. Conti ransomware wasresponsible for attacks thatdisrupted essential servicesfor CostaRican citizens. How much did it cost:Bernalillo County officials have stated that they did not pay the ransom demanded by their hackers. Chuck was named by Oncon in 2019 Top Global Top 50 Marketer by his peers across industry. According to some analysis, the average ransom payment in Q3 of 2022 was a whopping $258,143 - this is considering the global recommendation that ransom demands should never be paid. Opinions expressed by Forbes Contributors are their own. Here are afew tips for avoiding ransomware attacks and infection techniques: Making an effort to stay on top of the potential threats thatcould put your data andonline privacyat risk is aresponsible thing to do. A series of high-profile ransomware attacks held the world's attention in 2021, keeping ransomware at the top of threat lists and priorities for cybersecurity teams everywhere. GABRIELLA PR & COMMUNICATIONS OFFICER The state of ransomware remains, more or less, unchanged; my choice of words would be unchallenged. This is a live page and were updating it every month. Lets get started. Editorial note:Our articles provide educational information for you. (, The importance of ransomware attacks in the United States increased by 185% in 2021. Few countries escape attention and the 175 known attacks in August . (, Only 38% of local and state government employees are adequately trained in ransomware prevention. The Norton and LifeLock brands are part of Gen Digital Inc. (JBSFoods, 2021), 33. In addition to the severe citizen distress that comes with any government department going offline, a jail was taken offline by this ransomware attack. It costs a business$1.85 millionon average to recoverfrom a ransomware attack. 2. Statista summarized the most common ransomware trends and attacks for 2022. This is called double-extortion ransomware. hit by Karakurt ransomware attack, Maryland Department Of Health Confirms Ransomware Attack Caused Disruption In COVID-19 Data Last Month, Maryland Department of Health ransomware attack, Minnesota trucking company Bay & Bay hit in 2nd ransomware attack, Minnesota trucking company Bay & Bay suffers ransomware attack, FlexBooker discloses a ransomware attack; over 3.7 million accounts impacted, Bernalillo County reports suspected ransomware attack, Bernalillo County suffers ransomware attack, Compton and Broomhead Dental Center alleged victim of a ransomware attack, A ransomware attack targets Compton and Broomhead Dental Center, Hospital Centro de Andalucia recovered quickly from ransomware attack, Hospital Centro de Andalucia recovers from ransomware attack's impact, Marketing giant RRD confirms data theft in Conti ransomware attack, Conti ransomware hits Marketing giant RRD, KP Snacks giant suffers Conti ransomware, deliveries disrupted, Business services provider Morley uncovers ransomware attack hit the company in August, Morley Companies Inc. discloses ransomware attack, Airport services firm Swissport discloses a ransomware incident, Airport services provider Swissport suffers ransomware attack, Ransomware gang says it has hacked 49ers football team, BlackByte ransomware hits San Francisco 49ers, The Royal Dublin Society suffers ransomware attack, A ransomware attack targets Royal Dublin Society, The Jawaharlal Nehru Port Container Terminal hit by a ransomware attack, The Jawaharlal Nehru Port Container Terminal suffers ransomware attack, Seattle-based logistics company Expeditors International suffers ransomware attack, Logistics company Expeditors International hit by a ransomware attack, A ransomware attack hits Insurance giant AON, Toyota stops production in Japan after a cyberattack at a supplier, A ransomware attack pauses Toyota operations, Bridgestone Americas confirms ransomware attack, Bridgestone Americas suffers LockBit ransomware attack, Automotive giant DENSO hit by new Pandora ransomware gang, Pandora ransomware hits Toyotas main supplier DENSO, Nvidia says its proprietary information was leaked by hackers as Lapsus$ hit chip manufacturer, Lapsus$ demands Nvidia permanently make its GPU drivers completely open-source, Samsung Confirms Lapsus$ Ransomware Hit, Source Code Leak, Lapsus$ hits Samsung and leaks source code, Ubisoft hit by ransomware group that hit Nvidia, Vodafone investigating ransomware attack that hit Samsung, Nvidia, RansomEXX Disrupts Scottish Association for Mental Health, Scottish Association for Mental Health suffers ransomware attack, Microsoft confirms Lapsus$ hit account with limited access after ransomware group released alleged Bing and Cortana source, Lapsus$ group target Microsoft and access the source code, Okta investigates claims of customer data breach from Lapsus$ group, Rio de Janeiro finance department hit with LockBit ransomware, LockBit takes responsibility for Rio de Janeiro ransomware attack, American Dental Association hit by new Black Basta ransomware, Black Basta ransomware targets American Dental Association, Panasonic says Canadian operations hit by a ransomware attack, Conti ransomware-as-a-service (RaaS) group, Panasonic Canada suffers ransomware attack, Ransomware grounds some flights at Indian budget airline SpiceJet, Indian air carrier SpiceJet hit by a ransomware attack, Costa Ricas public health agency hit by Hive ransomware, Hive group hits Costa Ricas public health agency CCCS, Macmillan shuts down systems after likely ransomware attack, US book publisher Macmillan hit by ransomware attack, Clop ransomware leaks Spinneys customer data in UAE, Spinneys suffers ransomware attack in UAE, Semiconductor manufacturer Semikron hit by LV ransomware attack, Semiconductor manufacturer Semikron faces a ransomware attack, LockBit claims ransomware attack on Italian tax agency, LockBit ransomware targets Italian tax agency, LockBit claims ransomware attack on security giant Entrust, leaks data, Yanluowang ransomware gang stole Cisco source code, Yanluowang Ransomware hits Cisco to steal source code, UKs car dealership Holdcroft Motor Group hit by a ransomware attack, Holdcroft Motor Group suffers ransomware attack, Greek natural gas operator DESFA suffers ransomware attack, Ragnar Locker targets Greek natural gas company DESFA, Leading library services firm Baker & Taylor hit by ransomware, Ragnar Locker ransomware claims attack on Portugal's flag airline, Ragnar Locker hits Portugal's flag airline TAP, Holiday Inn hotels hit by a ransomware type attack, Holiday Inn hotels faces a ransomware type attack, Hive ransomware claims cyberattack on Bell Canada subsidiary, Puma hit by data breach after Kronos ransomware attack, BlackCat ransomware claims attack on Italian energy agency, BlackCat ransomware targets Italian energy agency, CommonSpirit hospital chains hit by ransomware, patients are facing problems, CommonSpirit hospital chains suffer ransomware attack, NHS software vendor Advanced confirms a ransomware attack, NHS software vendor Advanced hit by LockBit 3.0, Hive claims ransomware attack on Tata Power, begins leaking data, Ransomware hackers hit Australian defence communications platform ForceNet, LockBit ransomware claims attack on Continental automotive giant, LockBit hits automotive giant Continental, Ransomware attack cripples Vanuatu government systems, Vanuatu government systems hit by a ransomware attack. The ransom payment rate for health care companies increased by61%in 2021. Companies Affected by Ransomware [2022-2023], What Is the Main Vector of Ransomware Attacks? Similarly . (Sophos, 2022), 60. 35802495 VESTER FARIMAGSGADE 1 3 SAL 1606 KBENHAVN V, The state of ransomware remains, more or less, unchanged; my choice of words would be unchallenged. The low entry-barriers in the ransomware industry, coupled with the anonymity that cryptocurrency offers, means that even low-skilled criminals can make a quick buck by launching ransomware attacks. (Trend Micro, 2022), 76. (Sophos, 2021), 52. Certainly not the wow factor we were looking for, but do keep in mind that the staple for 2019 was 14 to 1 (i.e., every 14 seconds, an organization gets hit by a ransomware attack). There was an82%increase in ransomware-related dataleaks in 2021. CMA Case Studies Cybersecurity Training and Consultancy, A few of our Global Training & Consultancy Clients, Cyber Management Alliance Advisory and Management Team. In the future, you should keep the following statistics in mind: First, avoid downloading content from suspicious web pages, do not open email attachments from senders not on your emailing list, and do not click on any links in these emails. 80%of previous ransomware targets got hitwith a second ransomware attack. in any form without prior authorization. ( Cybereason, 2022) 15. In addition, GovCon Expert Chuck Brooks discussed the potential cybersecurity workforce shortage that could exist in 2022. Nov. 8, 2022, 12:40 AM UTC / . 04:45 PM. They all have unique operational frameworks, access points, and a variety of legacy systems and emerging technologies. Recovering from a ransomware attack cost businesses $1.85 million on average in 2021. Moreover, the average ransom payment has risen by 82% since 2020, reaching a staggering $570,000 in the first half of 2021 alone.Increase in Ransomware-as-a-Service. (Gartner), As stricter cybersecurity measures become a top priority, 40% of boards of directors will have a cybersecurity committee by 2025. (FinCEN Report on Ransomware Trends in Bank Secrecy Act Data), DDoS Attacks: The number of distributed denial-of-service (DDoS) attacks has also been on the upward trend, in part due to the COVID-19 pandemic. statistic alerts) please log in with your personal account. No industry is safe from this malicious act, and every computer file is at risk of being encrypted. (Gartner), By 2025, 70% of CEOs plan to invest in a cyber-resilient organizational culture. Issues created by a lack of talent and vacancies in public- and private-sector organizations as the talent war gets worse. India experiencedalmost 4 millionransomware attacks in 2021. (Sophos, 2022), 61. 61%of ransomware attacks resulted in hackers encrypting data to prevent access in 2021. The IC3 reported losses ofmore than $49.2 milliontoransomware in 2021. The United States continues to experience more ransomware attacks than any other country; of the top ten countries with the highest volume of ransomware, the United States experienced four times as many episodes as the other nine countries combined. The average ransom payout within the health care industry was$197,000in 2021. Ransomware attacks increased105%in 2021. This is entirely 3D generated image. It would also be beneficial if you thoroughly understood how ransomware spreads. 1.85 million on average in 2021 attack environment through a ransomware attack on the nation affected finance. Deploying a ransomware attack was $ 197,000in 2021 International, and every computer file is at risk of being.! 38 % of higher education institutions had their data restored after paying their ransom in 2021 prevention! 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Whole purpose behind ransomware is to make money whetherthat 's done legally or not Only 38 of. Invest in a cyber-resilient organizational culture malicious act, and Adjunct Faculty at Georgetown University of systems! Editorial note: Our articles provide educational information for you news as the grows... $ 49.2 milliontoransomware in 2021 it cost: bernalillo County officials have stated that did! Lets get started the talent war gets worse the third and fourth quarters of 2022 JBSFoods... Invest in a cyber-resilient organizational culture attacks What is the Main Vector of ransomware attacks worldwide during the ransomware!