US Organisations Hit by Ransomware Forced To Pay 171% Increased Ransom in 2020
Cybersecurity Fintech World-Region-Country

Atlas VPN Finds Ransomware Attacks Surge by Over 150% in 2021

Businesses and people around the world suffer ransomware attacks every day. According to the data presented by the Atlas VPN team, ransomware attacks are up 151% in the first half of 2021, compared to the same time in 2020. The United States is the most ransomware threatened country by a significant margin.

In the first half of 2020, there were a total of 121.4 million ransomware attacks across the world. The most significant ransomware attack in H1 2020 was the Maze ransomware outbreak in the Cognizant company’s network. The attack cost about $50-$70 million to the business in revenue loss, recovery, and relief efforts.

The first half of 2021 has already reached 304.7 million ransomware attack attempts making it the worst ever recorded year.

Ransomware has continued to soar because more businesses are willing to pay a ransom to get their data back. That lets hackers know that their methods are working, and launching attacks will allow them to earn a quick buck.

Cybersecurity writer and researcher at Atlas VPN William Sword said: “Ransomware attacks are a severe problem that terrorizes many organisations or government agencies, causing national danger. As many people neglect basic cybersecurity rules, they become easy targets for cybercriminals. Improving people’s cybersecurity awareness and preparedness is a must if companies want to reduce ransomware attacks.”

Ransomware destination: The United States

Ransomware attacks with the largest payouts mostly happened to US companies over the past couple of years.

The United States is a prime target for most hackers, as the country has experienced 227.3 million ransomware attack attempts. In other words, there are about 865 threats every minute in the first half of 2021.

The second most targeted country is the UK, as they encountered 14.6 million ransomware attack attempts. Many UK citizens and organisations became ransomware victims over the past couple of years.

Next up, Germany suffered from 11 million ransomware threats so far this year. Lack of ransomware awareness is a massive problem for German small and medium-sized enterprises (SME).

South Africa is fourth with 10.5 million ransomware attempts, and Brazil follows behind with 9.1 million attempted threats.

Author

  • Polly is a journalist, content creator and general opinion holder from North Wales. She has written for a number of publications, usually hovering around the topics of fintech, tech, lifestyle and body positivity.

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