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    Average ransomware cost: $4.91 million (IBM 2024)

    Ransomware Cost Calculator

    Calculate the true total cost of a ransomware attack on your business

    Used to calculate customer notification costs

    For downtime and reputation impact

    Affects typical ransom demand

    ⚠️ Warning: Only 46% of companies who pay get their data back. FBI recommends not paying.

    Calculation Methodology

    Data Source: Based on IBM's 2024 Cost of Data Breach Report, FBI ransomware statistics, and industry ransomware surveys.

    Ransom Demands: Average demands by company size: Small ($150K), Medium ($500K), Large ($2M+). Only 46% who pay get data back.

    Recovery Time: Average 21 days with ransom payment, 28 days without. Includes system restoration and data verification.

    Long-term Impact: Reputation damage and customer churn calculated over 2 years based on industry studies showing persistent revenue impact.

    Note: Actual costs vary based on attack sophistication, backup quality, cyber insurance coverage, and incident response capability. FBI and cybersecurity professionals recommend not paying ransoms.

    Protect Your Business From Ransomware

    Craig Peterson has 35+ years successfully running IT and security for businesses. Let's discuss how to protect your business from becoming the next ransomware victim.

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