
A ransomware cyberattack relies on the use of malicious software designed to encrypt a digital resource. The aim is to extort a ransom from the affected organization - preferably in cryptocurrency - in exchange for a decryption key. This is what happened in 2023 to Coaxis, the French company at the center of the documentary "Don’t Go to the Police" and an international investigation.
Explore the motivations, methods and profiles of these cybercriminal groups: specializing in cyber-extortion.
Affected by cyber-extortion between 2020 and 2025.
ransomware attacks between 2020 and 2025.
specializing in wolrdwide cyber-extortion.

Ransomware can have a “domino effect” on the affected business, disrupting its operations, the trust of its clients and its whole ecosystem, damaging its reputation.
is the average downtime following a ransomware attack.
The disruption of one or more strategic digital resources can have a severe impact on an organization’s productivity. Systems are unavailable. Customer requests can no longer be met. Teams are forced to operate in a best effort mode.
businesses have been compromised within 5 years.
Two-thirds are SMEs. Cyber attackers are increasingly exploiting the supply chain to disrupt the targeted company’s ecosystem through a domino effect, generating delivery delays and a loss of trust among business partners.
the global estimated cost of cyber extortion annually.
Ransom demands, financial losses resulting from business disruption and the loss of affected clients, as well as the costs of remediation, crisis management and regulatory fines.
Is the ratio of clients losing their trust after a ransomware attack.
In the wake of a ransomware attack, other collateral damages are at stakes: the loss of trust among clients and partners alike, the lack of crisis management and media coverage of the incident, shedding a negative light. Even if a company can recover from an attack, the reputational cost may prove more damaging in the long term.
is the window frame to report the incident.
Businesses must report any breach to competent authorities and notify their clients if sensitive data has been compromised. They may be held liable in the event of negligence and often need to strengthen their compliance measures following a ransomware attack
Crisis management in the event of cyber extortion – from a technical, commercial, legal and reputational perspective – places considerable pressure upon the shoulders of the organization’s staff, particularly the IT teams. This is all the more true if the attack involves a leak of personal data
In most cases, the starting point of a cyberattack is human error. However, it can also stem from poorly secured access, outdated software, or privileges that have not been revoked…
Our recommendations:
If you fall victim to a cyber extortion attack, we recommend taking several steps to contain the crisis, minimize the damage and resolve the situation.
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