While ransomware demands from hackers can total millions of dollars, the downtime costs hospitals face if they decline to pay can also be staggering.
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