Ransomware ‘69s’ Australia
ACN’s State of the Industry 2024 report states that “69 per cent of businesses have experienced a ransomware attack” (p. 21 and 27).
This is obviously an error – 1,837,468 Australian businesses were not hit by ransomware in 2024 or ever. Yet, this error is now ironically being repeated:
The Information Age writes “Of the 69 per cent of businesses hit by ransomware in the past five years, the ACN observed a staggering 84 per cent opted to pay the ransom” and “the average ransom payment climb to $1.35 million” omitting to think this would have cost the Australian economy upwards of 2 trillion dollars and no one noticed.
Tech Business News writes “69% of businesses hit by ransomware in 2024” failing to conclude that this would amount to 5034 ransomware incidents per day.
Marty McCarthy from LinkedIn writes “69% of businesses hit by ransomware last year”.
Jason Murrell writes “69% of Australian businesses hit by ransomware[.] 84% paid… average payment? $1.35M!”
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