National Cyber Warfare Foundation (NCWF)

Ransomware Recovery Costs Have Doubled for State and Local Governments


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2024-08-27 11:34:17
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General News , Ransomware

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Thirty-four percent of state and local government entities were hit by ransomware in 2024, a new report from Sophos has found.


While this is a decrease compared to the attack rate in 2023, the mean cost of recovery for these entities has more than doubled to $2.83 million.




Thirty-four percent of state and local government entities were hit by ransomware in 2024, a new report from Sophos has found.


While this is a decrease compared to the attack rate in 2023, the mean cost of recovery for these entities has more than doubled to $2.83 million.




Source: KnowBe4
Source Link: https://blog.knowbe4.com/ransomware-recovery-costs-have-doubled-for-state-and-local-governments


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