"Based on global data collected by Vanson Bourne for a wider study, Sophos found that that this year, just 36% of victims in the healthcare industry paid a ransom, down from 61% in 2022, and over half of those that paid handed over less than what was demanded of them. Demands from ransomware gangs also plummeted during the observed period, down 91% to $343,000 (£260,800) on average this year, with average payments dropping from $1.47m to just $150,000, the lowest of any sector reported in the wider dataset."
""It's ... encouraging to see signs of stronger resilience. In the study, nearly 60% of providers reported they recovered within one week, up from just 21% last year, which reflects real progress in preparedness and recovery planning. In a sector where downtime directly affects patient care, faster recovery is critical, but prevention remains the ultimate goal," said Alexandra Rose, director at the Sophos Counter Threat Unit (CTU) - formerly a Secureworks unit."
Healthcare ransomware resilience improved markedly: ransom payments fell to 36% of victims from 61% in 2022, with over half of payments below demanded amounts. Average ransom demands dropped 91% to $343,000 and average payments declined from $1.47m to $150,000. Mean non-ransom recovery costs decreased 60% to $1.02m. Fifty-eight percent of healthcare organisations recovered within a week, up from 21%. Despite improvements, ransomware activity remains pervasive, with 88 distinct groups identified targeting healthcare, underscoring continued volatility and the need for prevention and preparedness.
Read at ComputerWeekly.com
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