In the first half of 2024, the average ransom demand per ransomware attack reached over $5.2 million (£4.1 million), according to a new analysis by Comparitech. This figure is derived from 56 known ransom demands issued by cybercriminals from January to June 2024.
The largest of these demands was a staggering $100 million (£78.9 million) following an attack on India’s Regional Cancer Center (RCC) in April 2024. The second-highest confirmed demand was issued to UK pathology provider Synnovis, with attackers demanding $50 million (£39.4 million). This incident led to the cancellation of thousands of operations and appointments at hospitals in South East England, with the Qilin group claiming to have stolen 400GB of sensitive NHS patient data.
The third-highest ransom demand in the first half of 2024 targeted Canadian retailer London Drugs in May 2024, with the LockBit group demanding $25 million (£19.7 million).
Overall, Comparitech’s researchers logged 421 confirmed ransomware attacks during this period, impacting around 35.3 million records. These figures mark a reduction compared to the same period in 2023, which saw 704 attacks affecting 155.7 million records. However, disclosures for the first half of 2024 are ongoing, so these figures may increase.
Comparitech also noted an additional 1,920 attacks claimed by ransomware gangs but not acknowledged by the victims. Private businesses experienced the highest number of incidents, with 240 attacks affecting 29.7 million records.
This article has been indexed from CySecurity News – Latest Information Security and Hacking Incidents
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