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.
A 2025 survey of cybersecurity professionals of organizations worldwide revealed that 32 percent of the organizations suffered ransomware attacks due to exploited vulnerabilities. Compromised credentials were the second-most common cause of successful ransomware attacks, while malicious e-mail ranked third.
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.
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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...
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Here are the most important ransomware statistics you need to know about the attacks, demands, payments and consequences that can occur.
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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.
Between the second and third quarters of 2024, the software development sector experienced the highest quarterly increase in the number of ransomware attack, rising by 16.7 percent. Hospitals and healthcare system followed, with a 12.8 percent increase. In contrast, IT services and IT consulting recorded a decline of 9.3 percent in ransomware activity.
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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...
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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.
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 ****************.
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The following ransomware statistics detail which industries get attacked the most and which countries are most likely to be targeted.
In 2024, the manufacturing was the industry most targeted by ransomware attacks. Companies in this sector saw ***** ransomware attacks in the examined period. The industrial control systems sector ranked second, with *** incidents. Organizations in the transportation sector were the next-most targeted, seeing *** ransomware attacks in the measured year.
This dataset includes 100 realistic ransomware attacks targeting organizations from different sectors and countries between 2020 and 2024. It tracks the ransomware type used, ransom payments, downtime caused, and estimated financial loss. Ideal for cybersecurity research, trend analysis, and classification tasks.
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BASE YEAR | 2024 |
HISTORICAL DATA | 2019 - 2024 |
REPORT COVERAGE | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
MARKET SIZE 2023 | 5.72(USD Billion) |
MARKET SIZE 2024 | 7.05(USD Billion) |
MARKET SIZE 2032 | 37.78(USD Billion) |
SEGMENTS COVERED | Incident Type ,Organization Size ,Industry Vertical ,Service Type ,Deployment Model ,Regional |
COUNTRIES COVERED | North America, Europe, APAC, South America, MEA |
KEY MARKET DYNAMICS | 1 Increasing cyber threats 2 Growing awareness of cyber risks 3 Evolving regulatory landscape |
MARKET FORECAST UNITS | USD Billion |
KEY COMPANIES PROFILED | Check Point Software Technologies ,Fortinet ,Trend Micro Incorporated ,CrowdStrike ,Mandiant ,Sentinel One ,Sophos ,Cisco Systems ,IBM ,Rapid7 ,McAfee ,FireEye ,Palo Alto Networks ,Symantec ,RSA Security |
MARKET FORECAST PERIOD | 2024 - 2032 |
KEY MARKET OPPORTUNITIES | Growing Threats Increasing Adoption in BFSI Government Regulations Awareness of Cybersecurity CloudBased Services |
COMPOUND ANNUAL GROWTH RATE (CAGR) | 23.34% (2024 - 2032) |
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Here are the leading causes of ransomware attacks today.
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Market Summary of Cyber Security Consulting Market:
• Global Cyber Security Consulting market size 2023 was XX Million. Cyber Security Consulting Industry compound annual growth rate (CAGR) will be XX% from 2024 till 2031. • The Cyber Threats and cyberattacks are driving the cyber-Security consulting the market's rapid growth along with Increase in the need for security in BFSI Sector. • The COVID-19 had presented obstacles for enterprises as they adjust to a work environment where telecommuting has turned into the new normal. Businesses were moving more quickly towards digital transformation, and cybersecurity is becoming a top priority • The dominating segment is the IT and Telecom. Mobile phones, smart IoT devices, data traffic subscribers, and SIM connections have all increased astronomically in the world. Because of this, network operators can now offer a significantly wider range of services, which requires them to handle more data security. • North America is the dominating region in this market due to the prevalence of large and mid-sized organization’s is rising, which is increasing the number of hosted servers and the frequency of cyberattacks.
Market Dynamics of Cyber Security Consulting Market:
Key Drivers of Cyber Security Consulting Market
Cyber Threats and cyberattacks are driving the cyber-Security consulting the market's rapid growth.
The growing threat landscape, which includes data breaches and ransomware assaults, is a major factor in the rise of cybersecurity consulting services. The Internet is becoming more and more popular across all industries as a result of digitization and technical improvements. The likelihood of cyberattacks rises with increased Internet usage. Cyberattacks are a major global threat that result in the loss of personal, corporate, and governmental data. Businesses are always under pressure to make sure their digital assets are safe from internet attacks, and cybersecurity threats are getting more complex. Consulting on cybersecurity is essential for protecting your company from possible dangers and lowering the likelihood of cyberattacks.Hence, These consulting services give companies the knowledge and resources they need to spot security flaws, create strong defences against online attacks, and keep their systems safe. Organisations can discover potential vulnerabilities and threats to their digital assets, such as sensitive information, financial data, and intellectual property, by conducting cybersecurity risk assessments, which is a crucial procedure. For Instance, The cybersecurity company Kaspersky issued a warning, stating that similar cyberthreats are likely to come India's way. The country saw over 200,000 ransomware attacks in 2023. Large ransomware gangs like Fonix and LockBit attacked companies in India and throughout the world in industries like manufacturing, retail, healthcare, agriculture, and media. (Source:https://www.businesstoday.in/technology/news/story/new-ransomware-attacks-still-keeping-indian-cyberspace-at-risk-kaspersky-424512-2024-04-05) Cybersecurity experts detect risks to a company's computer systems and networks, analyse security concerns, determine risk, and put remedies into place. In an IT environment that is evolving quickly, they create layers of protection and deal with a variety of issues while evaluating security systems. Ransomware, phishing, and hacking are examples of cybersecurity threats that have grown in sophistication along with technology. Attacks on servers known as total distributed denial of service (DDoS) cause disruptions to user access. Thus, it is essential to identify cyber threats and use strong cyber security consulting to guard against such breaches in order to implement a system with more robust security features.
Increase in the need for security in BFSI Sector, drives the market for Cyber Security Consulting Market.
Following demonetization, digital payments have become more popular than ever before, underscoring the necessity of security policies and programmes for India's banking, financial services, and insurance (BFSI) industry. While financial institutions worldwide are concentrating on improving their programmes to prevent cyber threats, BFSI institutions continue to fail to recognise the significance and consequences of cyb...
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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.
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In late 2024, a boutique digital marketing agency in Austin, Texas, experienced what seemed like a minor IT hiccup. Their systems froze for six hours. What they didn’t know was that a ransomware attack had quietly encrypted their data. Within 24 hours, the attacker demanded $25,000 in cryptocurrency. The firm,...
In the third quarter of 2024, Healthcare was the industry in the United States most impacted by ransomware attacks, with 18.6 percent of annual attacks targeting the industry. Consumer services ranked second, with 14.4 percent of the attacks, followed by the public sector, with 11.3 percent.
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BASE YEAR | 2024 |
HISTORICAL DATA | 2019 - 2024 |
REPORT COVERAGE | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
MARKET SIZE 2023 | 3.23(USD Billion) |
MARKET SIZE 2024 | 3.76(USD Billion) |
MARKET SIZE 2032 | 12.63(USD Billion) |
SEGMENTS COVERED | Cyber Threat Type ,Application ,Security Measure ,Organization Size ,End-User Industry ,Regional |
COUNTRIES COVERED | North America, Europe, APAC, South America, MEA |
KEY MARKET DYNAMICS | Increasing cybersecurity threats Growing adoption of cloud and IoT technologies Rise in cyberattacks targeting critical infrastructure Government regulations and industry standards Collaboration and partnerships among industry players |
MARKET FORECAST UNITS | USD Billion |
KEY COMPANIES PROFILED | Darktrace ,Boeing ,General Dynamics ,Airbus CyberSecurity ,Raytheon Technologies ,L3Harris Technologies ,SAAB ,Honeywell ,Threod Systems ,Leonardo ,Lockheed Martin ,Thales ,Airbus ,BAE Systems ,Northrop Grumman |
MARKET FORECAST PERIOD | 2024 - 2032 |
KEY MARKET OPPORTUNITIES | Digital transformation Cloud security Data protection Remote operations Cybersecurity regulations |
COMPOUND ANNUAL GROWTH RATE (CAGR) | 16.37% (2024 - 2032) |
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.