What Would a Ransomware Attack
Cost Your Business?

Ransomware attacks cost businesses an average of $1.85 million in 2024 — but that figure means little without knowing what it would mean for a business your size, in your industry, with your current backup setup. The real cost includes more than the ransom demand: downtime that halts revenue, IT recovery labour, forensic investigation, regulatory reporting requirements, and the longer-term reputational damage that follows a public breach. This calculator builds that estimate for you using 2024 benchmark data from Sophos, IBM, and Coveware — so you have a real number to work with, not an industry average.