Ransomware Can Hold Company Data Hostage: How Much is the Ransom?

Demographics

Premium

Adi Ahdiat 16/05/2023 13:30 WIB

URL has been copied

Memuat...

According to Coveware's estimate, the average ransom paid by ransomware victims to perpetrators in Q1 2023 reached USD 327,800, or approximately Rp 4.8 billion.

Average Ransom Paid by Victims to Perpetrators in Global Ransomware Cases (Q1 2021-Q1 2023)

A Small Font
A Medium Font
A Bigger Font

You are accessing content Single Data Premium.
To continue, please subscribe or buy individually.

Professional

Enjoy premium access with a more affordable price.

Start from

~~Rp300.000~~ 150.000/month

Access more premium content and exclusive features for customers.

Start from

50.000/month

Hanya Rp833 per artikel

More details »

Buy Retail

Read the article immediately “Ransomware Can Hold Company Data Hostage: How Much is the Ransom?”.

Rp10.000

We accept the following payments:

Some payment methods are still in the process of being activated.

Average Ransom Paid by Victims to Perpetrators in Global Ransomware Cases (Q1 2021-Q1 2023)

Download

Source

A Small Font
A Medium Font
A Bigger Font

Ransomware is a type of malware, software that can infiltrate computer systems, networks, or servers and modify the data within.

What makes ransomware unique is its ability to encrypt or transform data into secret code, making it inaccessible to the owner.

Ransomware attackers often demand a "ransom" from victims to restore their "held hostage" data.

According to cybersecurity firm Kaspersky, ransomware is currently the most popular cybercrime due to its clear and easily implemented monetization model.

Cybersecurity firm Coveware estimates that in the first quarter of 2023, the average ransom paid by ransomware victims to perpetrators reached USD 327,800, or approximately Rp 4.8 billion (assuming an exchange rate of Rp 14,811 per USD).

This amount is lower than the fourth quarter of 2022, which averaged USD 408,600, or approximately Rp 6.1 billion.

However, the trend is increasing year-on-year. Compared to the first quarter of 2022, the average ransomware ransom in the first quarter of 2023 increased by 55% (year-on-year/YoY).

According to Coveware, the increasing trend in ransomware cases and ransoms is due to many factors, including the Russia-Ukraine war and global economic turmoil.

"Western sanctions against Russia have led to many scientifically educated people becoming unemployed. As a result, some may turn to cybercrime to make a living," said the Coveware team in a report on its official website (April 28, 2023).

"In addition, rising inflation and widespread layoffs in the global technology industry have created financial pressure on technology professionals. This has forced some unemployed professionals to participate in cybercrime," they said.

In early May 2023, the LockBit hacking group claimed to have launched a ransomware attack on Bank Syariah Indonesia (BSI) and stolen its data. However, BSI apparently did not pay the demanded ransom, so LockBit leaked BSI's data to the dark web.

"@darktracer_int's Twitter account stated on Tuesday, May 16, 2023, 'The negotiation period has ended, and the LockBit ransomware group has finally published all the data they stole from Bank Syariah Indonesia on the dark web.'"

Editor : Adi Ahdiat

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

Related Data

List of Persija Jakarta's Championship Titles Over 97 Years Since Its Founding

Jakarta Becomes the World's Most Densely Populated City by 2025

Corruption Cases in Indonesian Villages Decreased in 2024

This is the main motive in the murder case in Indonesia.

The number of Transjakarta, MRT, and LRT users in Jakarta increased in September 2025.

Indonesia's Out-of-School Children to Decrease by 2025, But 16-18 Age Group Remains High

Latest Data Stories

Other Service Sector PDRB ADHK 2013-2024 Technology & Telecommunications 05/12/2025, 20:42 WIB

10 Most Polluted Regions in Indonesia Tonight (5/12) Consumer Services & Health 05/12/2025, 19:48 WIB

Today's Food Prices (05/12) in Aceh: Onions Up, Red Chili Down Economics & Macro 05/12/2025, 18:51 WIB

Tonight's weather forecast for Konawe Islands: Light rain expected today. Demographics 05/12/2025, 18:32 WIB

Capital: The Main Obstacle for E-Commerce Entrepreneurs in Indonesia Technology & Telecommunications 05/12/2025, 18:25 WIB

Many Illegal Drug and Food Products Circulate in Indonesian Marketplaces Consumer Products 05/12/2025, 17:58 WIB

Download

Source

Ransomware Can Hold Company Data Hostage: How Much is the Ransom?

Tags

Related Data

List of Persija Jakarta's Championship Titles Over 97 Years Since Its Founding

Jakarta Becomes the World's Most Densely Populated City by 2025

Corruption Cases in Indonesian Villages Decreased in 2024

This is the main motive in the murder case in Indonesia.

The number of Transjakarta, MRT, and LRT users in Jakarta increased in September 2025.

Indonesia's Out-of-School Children to Decrease by 2025, But 16-18 Age Group Remains High

Latest Data Stories

Popular Data

Ransomware Can Hold Company Data Hostage: How Much is the Ransom?

Tags

Related Data

List of Persija Jakarta's Championship Titles Over 97 Years Since Its Founding

Jakarta Becomes the World's Most Densely Populated City by 2025

Corruption Cases in Indonesian Villages Decreased in 2024

This is the main motive in the murder case in Indonesia.

The number of Transjakarta, MRT, and LRT users in Jakarta increased in September 2025.

Indonesia's Out-of-School Children to Decrease by 2025, But 16-18 Age Group Remains High

Latest Data Stories

Trending Topics

Popular Data