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Ransomware extortion demands rise to $5.2 million per attack

Ransomware demands will reach a new high in 2024: the average extortion demand per ransomware attack was more than $5.2 million per incident in the first half of the year.

In a analysis The highest ransom demand, calculated by 56 people between January and June this year, was $100 million and was made after an attack on the Regional Cancer Center (RCC) in India on April 20.

The second and third highest amounts were imposed on Synnovis, a British pathology provider, and London Drugs, a Canadian retailer, with extortion demands of $50 million and $25 million respectively.

Although the number of Ransomware attacks Although the number of attacks decreased to 421 in the first half of 2024, compared to 704 attacks in the same period in 2023, the numbers for 2024 are likely to increase as new SEC-mandated breach disclosures continue to occur.

In terms of the amount of data compromised in these attacks, 29.7 million records from private companies have been affected so far, 52,390 from governments and Healthcare An incredible 5.4 million people are at risk.