Ransomware Tracker [2024]

72% Organizations worldwide impacted by ransomware

When it comes to ransomware attacks, it’s not a question of if, but when. Over 72% of organizations worldwide experienced at least one ransomware attack in 2023, and attackers managed to bring in over $1 billion, an all time high and nearly double their 2022 take.

Still not convinced that ransomware attacks are all that common? See for yourself with our downloadable ransomware tracker, regularly updated with incidents and attacks by name, location, date, and industry.

Ransomware Tracker

Receive our Ransomware report in .pdf

Ransomware Basics

According to Cybersecurity and Infrastructure Agency, Ransomware is an ever-evolving form of malware designed to encrypt files on a device, rendering any files and the systems that rely on them unusable. Malicious actors then demand ransom in exchange for decryption. The most recent strains of ransomware steal data before decrypting, the technique called double-extortion. Ransomware actors often target and threaten to sell or leak exfiltrated data or authentication information if the ransom is not paid.

In recent years, ransomware incidents have become increasingly prevalent among the Nation’s state, local, tribal, and territorial (SLTT) government entities and critical infrastructure organizations.

Did you know?

  • Ransomware attacks increased a staggering 73% from 2022 to 2023, which saw an all-time high of over 4,611 reported cases
  • 62% of successful infiltrations in ransomware attacks are via phishing
  • The average ransom payment is $812,360
  • 36% of businesses that pay the ransom fall victim to ransomware attacks for a second time
  • Almost a quarter of all ransomware attacks target professional services firms, especially small and midsize law firms
  • On average, it takes 21 days to identify and remediate ransomware attack
  • Of 92% of businesses with backups hit by ransomware, 31% failed to recover their data.

Recent ransomware attacks in 2024

In the midst of 2023’s landmark numbers, the White House officially reclassified ransomware as a national security threat. The average monthly number of reported ransomware victims in 2023 was 31, an all time record. And this data only counts the attacks on businesses reported in mass media. The actual number of victims is much more significant.

This surge continued into 2024’s Q1, which saw 1,075 victims, the highest ever recorded in a single quarter. All the while recovery costs have more than doubled, increasing the impact done to those who fall victim. 

Some of the most impactful attacks in 2024 so far have been:

  • UnitedHealthcare
  • Hyundai Europe
  • Crinetics Pharmaceuticals
  • LoanDepot
  • Kansas City Public Transportation

How Can You Maximize SaaS Security Benefits?

Let’s get started with a live demo

Schedule a Demo Call

Related blog posts

  • Microsoft 365 Ransomware Recovery for Businesses

    Microsoft 365 Ransomware Recovery for Businesses

    Microsoft 365 is one of the key SaaS solutions in a business’ tech stack. Losing this data can damage operations, and cause downtime and financial losses. In this post, we talk about Microsoft 365 ransomware recovery. Understanding Ransomware Attacks in Microsoft 365 The number of ransomware attacks has been steadily growing over the past decade. […] Read More

    author image Davit Asatryan
    author image Davit Asatryan

    Davit Asatryan is the Vice President of Product at Spin.AI

    He is responsible for executing product strategy by overseeing the entire product lifecycle, with a focus on developing cutting-edge solutions to address the evolving landscape of cybersecurity threats.

    He has been with the company for over 5 years and specializes in SaaS Security, helping organizations battle Shadow IT, ransomware, and data leak issues.

    Prior to joining Spin.AI, Davit gained experience by working in fintech startups and also received his Bachelor’s degree from UC Berkeley. In his spare time, Davit enjoys traveling, playing soccer and tennis with his friends, and watching sports of any kind.


    Featured Work:
    Webinar:
    See Full Bio

  • OneDrive Ransomware Protection Guide

    Ransomware is arguably the most concerning threat to cybersecurity experts and business leaders alike. It can render business-critical data inaccessible and unusable and do this with very few indicators that anything is wrong until the characteristic ransom demand screen pops up on a client’s computer. Despite common misconceptions, cloud office suites are also infected by […] Read More

    author image Courtney Ostermann
    author image Courtney Ostermann

    Courtney Ostermann is the Chief Marketing Officer at Spin.AI, responsible for the global marketing program focused on driving brand awareness and revenue growth.

    Previously, Courtney served as the Vice President of Corporate and Demand Marketing at PerimeterX, where she helped accelerate revenue and supported its acquisition by HUMAN Security.

    She was also the Vice President of Corporate Marketing at PagerDuty, where she assisted with the company’s IPO, and has held marketing leadership roles at organizations such as Imperva, BMC Software, Oracle, and Saba Software. Courtney resides in the Bay Area and is a graduate of Colgate University. She is also a Board member at Lycee Francais de San Francisco.

    In her spare time, she can be found standup paddling, wingfoiling, mountain biking, hiking, snowshoeing, and cross-country skiing.

    See Full Bio

  • Office 365 Phishing Email: How to Detect and How to Avoid

    Hackers know it’s easier to track an organization’s employees than to break through its security systems. Phishing is one of the hacker’s trickeries, often used to infect Office 365 (or other cloud services) with ransomware. In this article, we’ll take a look at the main phishing types and how to protect against Office 365 phishing, […] Read More

    author image William Tran
    author image William Tran

    Will Tran is the Product Manager at Spin.AI, where he guides the product’s strategic direction, oversees feature development and ensures that the solution solves his clients’ cybersecurity needs.

    Will is a security professional who started his career at Lockheed Martin where he worked on National Security Space programs in business development and product management.

    Will holds a BA in Economics and Mathematics from UCSB and an MBA with a specialization in Technology Management and Marketing from UCLA Anderson School of Management.

    At Lockheed Martin, Will developed the multi-year strategy campaign and supported the product development of a national security satellite program for the United States Air Force, which resulted in a multi-billion dollar contract.

    During business school, Will consulted 2 non-profit organizations as part of a series of national consulting case competitions. He set strategic priorities, optimized business operations, and developed a process to qualify new revenue streams for his non-profit clients. These initiatives resulted in 15-20% increase in annual surplus.

    In his spare time, Will can be found at local coffee shops around Los Angeles, traveling to different countries, or hanging out with his cat.

    See Full Bio