21 Jul What Would A Ransomware Attack Cost Your Organization?
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This week in cybersecurity from the editors at Cybercrime Magazine
Sausalito, Calif. – Jul. 21, 2026
– Read the full story in StationX
Nathan House, founder and CEO at StationX, one of the UK’s first cybersecurity companies founded in 1999 and trusted by more than 500,000 customers, aggregated over 100 ransomware and malware statistics from 30+ authoritative sources and cross-referenced them to produce 8 original derived insights that he says you won’t find in any single report.
The daily cost of ransomware, according to House’s analysis, based on predicted figures from Cybersecurity Ventures, is approximately $156.2 million per day. That’s $6.5 million per hour, $108,000 per minute, and $1,800 per second. When you factor in Cybersecurity Ventures’ $275 billion annual ransomware cost prediction by 2031, the daily damage rate is on track to exceed $726 million per day within six years.
What would a ransomware attack cost your organization? A calculator from StationX enables you to enter company size (based on number of employees), industry, data backup status, and type (if any) of cyberinsurance, and then it instantly provides an estimated cost and median recover time based on Sophos, IBM and Verizon data.
For an example, Cybercrime Magazine used the calculator and entered: Organization size is medium (251-1,000 employees); Industry is manufacturing; Backup status is basic (not air-gapped); Cyberinsurance is a basic policy. The total estimated cost is $1.46 million, and the estimated recovery time is around 100 days.
If you’re a CISO or security leader, then you might find the StationX calculator a handy tool to help your boardroom and C-suite executives understand what’s at stake when it comes to ransomware.
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