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How much do cyber attacks cost?

Cyber attacks like the one on Synnovis are incredibly expensive. Globally, ransomware alone cost an estimated £1.5 billion in 2021. This includes direct ransom payments, system recovery, lost productivity, and reputational damage. The Synnovis attack disrupted services at several London hospitals, causing significant financial and human impact.

Stories that explain this

Russian Suspect in Deadly London Hospitals Hack Held in Germany

Related explainers

Who protects the UK from cyber attacks? How are hackers prosecuted? Can Vladimir K be extradited? How do AIs attempt cyber-attacks? Why are costs rising so much? Why do costs vary so much? What is a cyber attack? What are cyber attacks?

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