CFC Response App: All about “Ask the Expert”
Wouldn’t it be great if you could get free cybersecurity advice 24/7? Turns out you can. Learn about our mobile app’s “Ask the Expert” service.
Read moreEver wondered how much a ransomware attack might set your business back?
Since 2017, ransomware attacks have been gradually growing in frequency and severity. Today, it's not uncommon to see ransom demands in the millions and other associated costs, such as system damage and income loss, can be just as high.
Our ransomware calculator provides low, medium and high severity ransomware loss estimates drawn from data gathered from the thousands of cyber claims CFC has responded to over the last two decades.
Calculate your loss now.
Based on the information you provided, we’ve produced three loss estimates of varying degrees of severity.
More details, including information about our cost breakdowns and methodology, can be found in the full report. Click the button below to download your copy.
Download the full reportRansomware is a type of malicious software that works by encrypting data on a network and then demands that a ransom be paid in exchange for a decryption key to regain access to the data.
In the last few years, there has been a significant increase in the frequency of ransomware incidents, alongside an exponential rise in the size of ransom demands.
According to our own cyber claims data, in 2020 alone ransomware represented 16% of the total claims by frequency, but 81% of total claims payments.
Estimating ransomware losses is not an exact science and will inevitably be influenced by the unique nature of your business and the variables surrounding the incident itself. Nevertheless, using a few key data points provided by you, along with our own claims data, we can provide a reasonable estimate of what a ransomware incident might look like for your business, based on low, medium, and high severity estimates of the loss.
Want this explained in more detail?
Download the full report