In the Comparitech study released Feb. 11, researchers analyzed data from IT news channels, data breach reports and HHS Office for Civil Rights data breach portal. Then, Comparitech applied data from studies on the cost of downtime to estimate a range for the likely cost of ransomware attacks.
Here is a state-by-state breakdown of the estimate cost of downtime from ransomware attacks:
- Alabama: $5.6 million
- Alaska: $1.4 million
- Arizona: $4.2 million
- Arkansas: $1.4 million
- California: $35 million
- Colorado: $8.4 million
- Connecticut: $2.8 million
- Delaware: $4.2 million
- Florida: $5.6 million
- Georgia: $5.6 million
- Hawaii: $2.8 million
- Idaho: $1.4 million
- Illinois: $4.2 million
- Indiana: $9.8 million
- Iowa: $4.2 million
- Kansas: $4.2 million
- Kentucky: $7 million
- Louisiana: $4.2 million
- Maryland: $2.8 million
- Massachusetts: $5.6 million
- Michigan: $7 million
- Minnesota: $7 million
- Mississippi: $1.4 million
- Missouri: $8.4 million
- Nebraska: $5.6 million
- Nevada: $1.4 million
- New Hampshire: $1.4 million
- New Jersey: $8.4 million
- New York: $7 million
- North Carolina: $2.8 million
- Ohio: $9.8 million
- Oklahoma: $1.4 million
- Oregon: $2.8 million
- Pennsylvania: $7 million
- Rhode Island: $2.8 million
- South Carolina: $1.4 million
- South Dakota: $1.4 million
- Tennessee: $4.2 million
- Texas: $19.6 million
- Utah: $1.4 million
- Virginia: $1.4 million
- Washington: $4.2 million
- West Virginia: $1.4 million
- Wisconsin: $5.6 million
- Wyoming: $1.4 million
More articles on cybersecurity:
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Connecticut payer alerts 1,100 members of phishing attack
10 tips for hospitals to mitigate ransomware attacks
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