Average Ransomware Payment 2024 Average. The average cost was $10.1 million to recover from the attack. Not only has the average ransom payment reached $2 million, but it takes another $2.7 million for a victim to fully recover.
As of 2024, the average incident response cost to a ransomware attack is about $4.54 million โ which is higher than the $4.35 million the average data breach costs. While the attack rate has dropped over the last year, overall recovery costs (excluding any ransom payment) have soared to $2.73m, a 50% from the $1.82m reported in 2023.