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 […]

Since 2009, medical organizations in the US have suffered nearly 5,000 data breaches, affecting over 342 million medical records. Our team of researchers analyzed data from 2009 to June 2022 to find out which US states suffer the most medical breaches and how many records have been affected each year. We also took an in-depth […]

Since January 2018, financial companies have suffered nearly a thousand data breaches, affecting over 153.3 million records. Our team of researchers analyzed data from 2018 to June 2022 to find out the biggest cause of these breaches, how many records have been affected each month and year, the most-affected financial organizations, and which US states […]

In 2021, 576 US organizations fell victim to ransomware. This affected at least 34.1 million records and resulted in a cost of $159.4 billion in downtime alone. Entities may have faced further costs as they offered identity theft protection for affected customers, restored affected computers, and tried to improve their systems to ward off future […]