Ransomware attacks continue to pose a significant threat to businesses globally. As cybercriminals become more sophisticated, the number of organisations falling victim to these attacks has risen sharply. In 2024, understanding the prevalence and impact of ransomware attacks is crucial for businesses aiming to bolster their cybersecurity measures.
Key Statistics
- 54% of Australian organisations have been hit with ransomware attacks in 2024 (59% globally).
- The average ransomware demand made towards Australian organisations is USD 6.8 million.
- 46% of global organisations with revenue less than USD 50 million received a seven-figure ransom demand in the last year.
- Ransomware incidents cost the Australian economy as much as $2.59 billion annually.
How Many Businesses Have Experienced a Ransomware Attack in 2024?
54% of Australian organisations have been hit with ransomware attacks in 2024 (59% globally).
This demonstrates the widespread nature of ransomware threats and highlights the urgent need for enhanced cybersecurity measures. Australian businesses should prioritise their defences to protect against these costly and disruptive attacks. The high percentage of affected organisations underscores the importance of being prepared and proactive in addressing ransomware vulnerabilities.
Number of Ransomware Attacks Across Australian Sectors
In 2022, the healthcare and public health sector experienced the highest number of ransomware attacks, with a total of 210 incidents. This highlights the vulnerability of the healthcare sector, which is often targeted due to the sensitive nature of its data and the critical services it provides.
The manufacturing sector also faced significant challenges, recording 157 ransomware attacks. This sector’s susceptibility can be attributed to its essential role in the supply chain and the potential for substantial disruption when its operations are compromised.
Government facilities were not spared either, with 115 attacks reported. These incidents highlight the persistent threat to public sector organisations, which must continually adapt and strengthen their cybersecurity measures to safeguard public infrastructure and services. Overall, these statistics reveal a widespread threat landscape that spans multiple critical sectors.
Contact OneCloud IT Solutions
In 2024, 54% of Australian organisations have been hit with ransomware attacks, reflecting a significant cybersecurity threat. The impact across various sectors, particularly healthcare and manufacturing, underscores the need for robust protection measures.
For comprehensive network security solutions, explore our Network Security services. At OneCloud IT Solutions, we are committed to safeguarding your business. Get in touch with us today to enhance your cybersecurity defences.