"Ransomware Attack Demands Reach a Staggering $5.2m in 2024"

Security researchers at Comparitech have discovered that the average extortion demand per ransomware attack was over $5.2m in the first half of 2024.  The most significant ransom demand during the first half of 2024 was a $100m ransom following an attack on India’s Regional Cancer Center (RCC) in April 2024.  The second highest confirmed ransom demand was issued to UK pathology provider Synnovis, with attackers demanding $50m.  The third highest ransom demand in H1 2024 was sent to Canadian retailer London Drugs following an attack in May 2024, with the LockBit group demanding $25m in payment.  The researchers logged 421 confirmed ransomware attacks in H1 2024, impacting around 35.3 million records.  The researchers noted that these figures represent a reduction compared to the same period in 2023, in which 704 attacks affecting 155.7 million records were recorded.

Infosecurity Magazine reports: "Ransomware Attack Demands Reach a Staggering $5.2m in 2024"