Paul Bischoff

In 2022, 60 manufacturing and utility businesses were struck by ransomware attacks, which resulted in the compromise of more than 500,000 records. We estimate that these attacks cost manufacturing and utility entities more than $5.53 billion in downtime alone. Manufacturers and utilities have experienced a vast number of ransomware attacks since 2018. Most of them […]

Over the last three years, US businesses that specialize in manufacturing and utilities have suffered 562 data breaches affecting nearly 91 million records. Based on the average cost per breached record (as reported by IBM each year), we estimate these breaches may have cost these businesses more than $14.7 billion. In 2022 alone, 136 data […]

Since 2018, there have been 500 publicly-confirmed ransomware attacks on healthcare organizations around the world. These have crippled nearly 13,000 separate facilities and have impacted almost 49 million patient records. In total, we estimate the cost of these attacks exceeds US$92 billion in downtime alone. Ransomware attacks have the potential to cause widespread disruption to […]