Healthcare, education, finance and insurance, and government sites continue to be hit hard by ransomware attacks.
Ransomware attacks were responsible for close to 50% of all healthcare data breaches during 2020. Attacks on healthcare were more expensive than for any other industry, at a cost of $408 per compromised record. The healthcare industry was hit with a 51% increase in the volume of records exposed during the 2019-2021 time period.
Ransomware attacks against universities increased by 100% during the 2019-2020 time period. Ransomware attacks against the higher education industry costs an average of $447,000 per attack.
90% of financial institutions have been the target of ransomware attacks. Banks were hit with a 520% increase in phishing and ransomware attempts from March 2020 to June 2020.
In the three years leading up to 2021, U.S. government organizations were hit with 246 ransomware attacks, at an estimated cost of $52.88 billion. In 2019, attacks against municipalities were up a hefty 60% from the year before.