Ransomware attacks on businesses more than doubled in payments to one billion euros in 2023 compared to the previous year.

Large companies were the primary targets, incurring average losses of $1.82 million, escalating to $2.6 million after ransom payments.

The construction, IT, education, and healthcare sectors experienced significant disruption due to these cyber attacks.

Cybersecurity experts caution about the potential for increased targeting of major corporations and critical logistics networks, particularly with the upcoming Paris Olympics.

France saw a 30% rise in ransomware attack investigations in 2023, prompting a high-level simulation exercise in December to bolster preparedness.