10202221 - Master - Cyber Pandemic Training Book.pdf

RANSOMWARE - Trends

▪ Average ransomware payment declined in Q2 2021 - $136,576, down 38% from Q1 2021

▪ Companies with fully deployed security AI and automation saw costs 80 percent lower than companies without such protections

▪ Companies operating in hybrid cloud environments saw lower than average costs associated with data breach ($3.61MM) and containment 77 days faster

Sources: IBM Security. Ponemon Institute, Cost of a Data Breach Report, 2021; available at https://www.ibm.com/security/data-breach; Coveware Update, July 23, 2021, Q2 Ransom Payment Amounts Decline as Ransomware Becomes a National Security Priority ; available at Coveware.com.

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