Ransomware is one of the top threats in cybersecurity and a focus area for Palo Alto Networks. The global threat intelligence team (Unit 42) and incident response team (The Crypsis Group) have partnered to create the 2021 Unit 42 Ransomware Threat Report to provide the latest insights on the top ransomware variants, ransomware payment trends and security best practices so we can understand and manage the threat.
To evaluate the current state of the ransomware threat landscape, the Unit 42 threat intelligence team and the Crypsis incident response team collaborated to analyze the ransomware threat landscape in 2020, with global data from Unit 42 as well as data from the U.S., Canada and Europe from Crypsis.
Cybercriminals Are Making, and Demanding, More Money Than Ever
The average ransom paid for organizations increased from US$115,123 in 2019 to $312,493 in 2020, a 171% year-over-year increase. Additionally, the highest ransom paid by an organization doubled from 2019 to 2020, from $5 million to $10 million. Meanwhile, cybercriminals are getting greedy. From 2015 to 2019, the highest ransomware demand was $15 million. In 2020, the highest ransomware demand grew to $30 million.
Source: Palo Alto