The State of Ransomware 2024


Fraud Management & Cybercrime
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Next-Generation Technologies & Secure Development
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Ransomware

How Attacks Have Changed; New Insights Into How an Attack Affects the Business


May 9, 2024    

The State of Ransomware 2024
Image: Sophos

The fifth annual Sophos State of Ransomware Report reveals the real-world ransomware experiences of 5,000 organizations around the globe, from root cause through to severity of attack, financial impact and recovery time.

See Also: Gartner Magic Quadrant for Single-Vendor SASE


Based on the findings of a survey of IT/cybersecurity leaders across 14 countries, this year’s report combines year-on-year insights with brand-new areas of study. It includes a deep dive into ransom demands and ransom payments and shines new light on the role of law enforcement in ransomware remediation.


Download the report to get the full findings, and read on for a taster of some of the topics covered.


  • Attack rates are down, but recovery costs are up.

    Of those surveyed, 59% of organizations were hit by ransomware last year. That’s a small but welcome drop from the 66% reported in both the previous two years. While any reduction is encouraging, with more than half of organizations experiencing an attack, this is no time to lower your guard.



    Image: Sophos


    While the attack rate has dropped over the last year, overall recovery costs – excluding any ransom payment – have soared to…

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