It's not just the number of attacks that's rising—so is their success rate.
The lure of enormous financial gains drives ransomware attackers to deploy increasingly sophisticated tactics that bypass existing security defenses and remain undetected longer, allowing them to inflict greater damage and demand higher ransoms.
$1.1 Billion
In worldwide ransomware payments in 2023, up from $500M in 2022, breaking records as more victims are forced to pay ransoms.
…leaving businesses unable to keep up and secure themselves against advanced ransomware
Each year, fewer organizations successfully detect ransomware, demonstrating how existing measures are no longer enough to keep up with modern threats.
22%
Enterprises successfully detected ransomware in 2023.