As cited
Copy frozen at (site build).
ransomware
The Iceberg Effect
A report highlights the significant gap between ransom payments and total incident costs in ransomware attacks. While average ransoms reach $1 million and recoveries average $2.5 million, the full organizational impact ranges from $25 million to $250 million when accounting for hidden expenses.
Why it matters: Organizations underestimating total ransomware costs may underfund incident response, business continuity, and prevention programs, leaving them exposed to greater financial and operational harm.
- Source published
- First seen by Cybersecurity Tracker