These latest ransomware statistics show how much damage is caused by attacks and the emerging trends you need to be aware of.

Here are the most important ransomware statistics you need to know about the attacks, demands, payments and consequences that can occur.

A 2024 survey of cybersecurity professionals of organizations worldwide revealed that 32 percent of the organizations suffered ransomware attacks because of exploited vulnerabilities. Credential compromise was the second-most common cause of successful ransomware attacks, while malicious e-mail ranked third.

While every industry is affected by ransomware attacks, the truth is that some industries are more susceptible than others. This is the full breakdown of the top 15 sectors most targeted by malware.

In 2023, organizations all around the world detected 317.59 million ransomware attempts. Overall, this number decreased significantly between the third and fourth quarters of 2022, going from around 102 million to nearly 155 million cases, respectively. Ransomware attacks usually target organizations that collect large amounts of data and are critically important. In case of an attack, these organizations prefer paying the ransom to restore stolen data rather than to report the attack immediately. The incidents of data loss also damage companies’ reputation, which is one of the reasons why ransomware attacks are not reported. Most targeted industries and regions As a part of critical infrastructure, the manufacturing industry is usually targeted by ransomware attacks. In 2022, manufacturing organizations worldwide saw 437 such attacks. The food and beverage industry ranked second, with over 50 ransomware attacks. By the share of ransomware attacks on critical infrastructure, North America ranked first among other worldwide regions, followed by Europe. Healthcare and public health sector organizations filed the highest number of complaints to the U.S. law enforcement in 2022 about ransomware attacks. Ransomware as a service (RaaS) The Ransomware as a Service (RaaS) business model has existed for over a decade. The model involves hackers and affiliates. Hackers develop ransomware attack models and sell them to affiliates. The latter then use them independently to attack targets. According to the business model, the hacker who created the RaaS receives a service fee per collected ransom. In the first quarter of 2022, there were 31 Ransomware as a Service (RaaS) extortion groups worldwide, compared to the 19 such groups in the same quarter of 2021.

On average, 37% of organisations globally were victims of a ransomware attack between January and February 2021. The top 15 countries that were affected the most were...

Introduction

Notable Ransomware Statistics: Even in the year 2024, ransomware is ranked among the most disruptive and expensive types of cybercrime. This is software that keeps people from accessing their gadgets until they pay an amount, and it keeps getting better with time, while looking for people to pay or companies.

Data as of 2024 indicated that there was an upward trend in the prevalence and economic losses caused by ransomware attacks throughout the world. Emerged are some notable ransomware statistics to consider in the year 2024.

On average, ** percent of organizations worldwide were victims of a ransomware attack between January and February 2024, according to a survey conducted among cybersecurity leaders of worldwide organizations. France ranked first by the ransomware rate in companies, with ** percent reporting having encountered such an attack in the last 12 months. Companies in South Africa, Italy, and Austria followed, with up to ** percent of the organizations experiencing ransomware attacks.

Different types of ransomware are more common than others and more likely to affect your cybersecurity. The top 5 most common types of ransomware strains are...

As of 2023, over 72 percent of businesses worldwide were affected by ransomware attacks. This figure represents an increase on the previous five years and was by far the highest figure reported. Overall, since 2018, more than half of the total survey respondents each year stated that their organizations had been victimized by ransomware. Most targeted industries
In 2023, the healthcare industry in the United States was once again most targeted by ransomware attacks. This industry also suffers most data breaches as a consequence of cyberattacks. The critical manufacturing industry ranked second by the number of ransomware attacks, followed by the government facilities industry. Ransomware in the manufacturing industry
The manufacturing industry, along with its subindustries, is constantly targeted by ransomware attacks, causing data loss, business disruptions, and reputational damage. Often, such cyberattacks are international and have a political intent. In 2023, compromised credentials were the leading cause of ransomware attacks in the manufacturing industry.

The following ransomware statistics detail which industries get attacked the most and which countries are most likely to be targeted.

From 2021 to 2024, the share of financial institutions worldwide experiencing ransomware attacks has increased significantly. In 2024, roughly 65 percent of financial organizations worldwide reported experiencing a ransomware attack, compared to 64 percent in 2023 and 34 percent in 2021.

The main goal of any ransomware attacker is to hold people to ransom by not releasing their data until they get paid. But is it actually a good idea to pay the ransom? Here’s what the ransomware statistics tell us about organisations that paid up.

Ransomwhere is the largest dataset of ransomware payment addresses, comprising over a billion dollars in payments. The dataset contains payment addresses, transactions, and the associated ransomware family. Anyone — whether a victim, a firm, or a security researcher — can help grow the data by submitting addresses of ransomware actors. For more information and to submit data, see ransomwhe.re.

A 2024 survey of cybersecurity professionals of worldwide organizations revealed that the ***************************** had the highest number of vulnerabilities exploited in ransomware attacks. The survey showed that the second-most common root cause of ransomware attacks was *********************** across all sectors, followed by ****************.

Objective: The rapid adoption of health information technology (IT) coupled with growing reports of ransomware, and hacking has made cybersecurity a priority in health care. This study leverages federal data in order to better understand current cybersecurity threats in the context of health IT.

Materials and Methods: Retrospective observational study of all available reported data breaches in the United States from 2013 to 2017, downloaded from a publicly available federal regulatory database.

Results: There were 1512 data breaches affecting 154 415 257 patient records from a heterogeneous distribution of covered entities (P < .001). There were 128 electronic medical record-related breaches of 4 867 920 patient records, while 363 hacking incidents affected 130 702 378 records.

Discussion and Conclusion: Despite making up less than 25% of all breaches, hacking was responsible for nearly 85% of all affected patient records. As medicine becomes increasingly interconnected and ...

Business or organization reporting of ransomware attack to insurance company in the last 12 months, by North American Industry Classification System (NAICS), business employment size, type of business, business activity and majority ownership, fourth quarter of 2021.

The Ransomware Protection market, valued at $19,500 million in 2025, is experiencing robust growth, projected to expand at a Compound Annual Growth Rate (CAGR) of 13.3% from 2025 to 2033. This surge is driven by the increasing sophistication and frequency of ransomware attacks targeting both small and large organizations globally. The rising adoption of cloud-based solutions and the expanding digital landscape contribute significantly to this market expansion. Furthermore, the increasing awareness of data breaches and regulatory compliance requirements are pushing organizations to invest heavily in robust ransomware protection strategies. The market segmentation reveals a significant demand across various organizational sizes, with large enterprises leading the investment due to their extensive data assets and critical infrastructure. The preference for cloud-based solutions reflects a shift toward flexible and scalable security models, while on-premise solutions continue to maintain a substantial market share due to concerns regarding data sovereignty and integration with existing infrastructure. The geographical distribution shows strong demand across North America and Europe, driven by advanced digital infrastructure and stringent data protection regulations. However, growth opportunities exist in emerging markets like Asia Pacific and the Middle East & Africa, as digitalization accelerates in these regions. The competitive landscape is characterized by established players like McAfee, Kaspersky, Bitdefender, and Trend Micro, alongside emerging vendors like SentinelOne and Zscaler, each offering diverse solutions to address evolving ransomware threats. The market is expected to witness increased competition and innovation as companies focus on developing advanced threat detection and response capabilities, including AI-powered solutions for proactive threat hunting and automated incident response. Future market growth will be significantly influenced by the effectiveness of these advanced technologies in mitigating increasingly sophisticated ransomware attacks and the evolving regulatory environment surrounding cybersecurity and data privacy. The market's expansion also depends on the continuous development of effective preventative measures, robust response mechanisms, and advanced security awareness training for employees.

Here are the leading causes of ransomware attacks today.

Ransomware File Decryptor Market Outlook

The global ransomware file decryptor market size is anticipated to grow from USD 1.2 billion in 2023 to USD 4.8 billion by 2032, reflecting a compound annual growth rate (CAGR) of 16.5% during the forecast period. This robust growth is primarily driven by the increasing frequency and sophistication of ransomware attacks, compelling organizations across various sectors to invest substantially in ransomware file decryptor solutions.

The proliferation of ransomware attacks has surged dramatically over the past few years, becoming one of the most prevalent and damaging types of cybercrime. The increased reliance on digital platforms and remote work arrangements has expanded the attack surface for cybercriminals, making organizations more vulnerable. This heightened threat landscape is a significant growth factor for the ransomware file decryptor market, as businesses seek to mitigate the risks associated with data breaches and financial losses. Moreover, the rising volume of sensitive data being stored and transmitted electronically necessitates robust cybersecurity measures, further propelling market growth.

Another pivotal growth driver is the stringent regulatory environment that mandates data protection and cybersecurity compliance. Governments and regulatory bodies worldwide have implemented rigorous data security laws such as the General Data Protection Regulation (GDPR) in Europe and the California Consumer Privacy Act (CCPA) in the United States. These regulations compel organizations to adopt comprehensive cybersecurity frameworks, including ransomware file decryptor solutions, to avoid hefty fines and legal repercussions. Additionally, the increasing awareness among enterprises about the financial and reputational damage caused by ransomware attacks is fostering the adoption of these solutions.

The rapid advancement in ransomware attack techniques, including the use of artificial intelligence and machine learning by cybercriminals, further necessitates the adoption of advanced ransomware file decryptor tools. Organizations are increasingly recognizing the need for proactive and reactive measures to counteract these sophisticated threats. Innovations in cybersecurity technologies, including the development of more effective and efficient decryption tools, are also contributing to market expansion. The integration of AI and machine learning in ransomware file decryptors is enhancing their capability to counteract evolving ransomware strains, thereby driving market growth.

Regionally, North America holds a significant share in the ransomware file decryptor market, driven by the high incidence of ransomware attacks and stringent regulatory frameworks. The presence of major cybersecurity vendors and the early adoption of advanced cyber defense solutions in the region further bolster its market dominance. Europe also represents a substantial market share, attributed to the stringent data protection regulations and the increasing frequency of cyberattacks. The Asia Pacific region is expected to witness the highest CAGR during the forecast period, fueled by the rapid digital transformation, increasing cyber threats, and growing investments in cybersecurity infrastructure.

Component Analysis

The ransomware file decryptor market can be segmented by component into software and services. The software segment comprises various types of decryption tools designed to unlock files encrypted by ransomware. These solutions are increasingly sophisticated, utilizing advanced algorithms and machine learning techniques to identify and reverse the encryption methods used by ransomware. The demand for software solutions is driven by their efficiency, ease of deployment, and the ability to provide rapid decryption, minimizing downtime and data loss. As ransomware attacks become more advanced, the continuous development and innovation in decryption software are essential to keep pace with emerging threats.

On the other hand, the services segment includes professional services such as incident response, consulting, and managed security services. These services are crucial for organizations that lack the in-house expertise to deal with complex ransomware attacks. Incident response teams provide immediate support to organizations under attack, helping to contain the breach, assess the damage, and recover data using decryption tools. Consulting services offer strategic guidance on cybersecurity practices and help organizations develop robust defense mechanisms. Managed security services provide ongoing monitoring and threat detection, ensuring cont