Reported Cost of Ransomware Attacks 2023 YTD

$20,851,150,193

Aggregated Estimate from Public and Private Sources, Reflects Reported Attacks Only. Actual cost estimated to be significantly higher.

Updated 11/20/2023

Cyber Stats


11 Seconds

A new ransomware attack hits this year. Cybersecurity Ventures. (In the time it takes you to read this cyber stat, another business has been hit with a ransomware attack.)

ONLY 21%

of security professionals think their current security controls are adequate. Forrester State of Enterprise IoT Security in North America 

$1.85m

average cost for remediation, business downtime, lost orders, operational costs, etc. 2X vs year ago. Recovery cost is 10X the size of the ransom payment. Sophos, The State of Ransomware 2021

21 Days

the average downtime caused by a ransomware attack. Coveware Q4, 2020

S E C U R E D

Cybersecurity

At Architech, security is our top priority. We are constantly enhancing our knowledge and are partnered with the industry leaders to provide our clients best in class security without the hassle. Our approach is simple, advocate for our clients and adapt the right technology for your needs.

Assess

We conduct a complete assessment of your environment from the firewall to the workstations and everything in-between. 

Plan

After the assessment, we create a security plan setting goals and milestones to secure your environment.

Report

Gain insights into your environment health with in-depth reporting.

Encrypt

Encrypt your sensitive data in transit and at rest in real time. Drastically minimizing your vulnerability.

Training & Awareness

Take a proactive approach to security by training staff to know what to look for and become informed of new targeted attacks.

Mediate

In the event of a targeted attack, our technicians are on stand-by to quickly remediate cyber threats, most often before the threat can mature.

Why should I care?


Our cybersecurity solutions provide you with the experts that reduce your risk and make the process simple. We provide consistency removing your need to maintain cybersecurity staff without compromise.


We shoulder the burden of your environments security with our experts on staff. By improving your security posture, your cyber liability premiums will be reduced as well as your cyber risk, protecting you and your customers data.

Interested in our services? We’re here to help!

We want to know your needs exactly so that we can provide the perfect solution. Let us know what you want and we’ll do our best to help.

Book an appointment
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