Innovation and Technology
Ransomware Shock

New Report Reveals True Extent Of Ongoing Ransomware Threat To Organizations
Globally, Ransomware Gangs Had Confirmed Success Against 1,204 Organizations in 2024
Globally, across 2024, ransomware gangs had confirmed success against 1,204 organizations, with another 4,257 attacks claimed by the cybercriminals responsible as published on their data leak sites but without acknowledgment from the alleged victims. That’s just the tip of the ransomware threat iceberg, according to a detailed analysis published on Jan. 9.
Comparitech End-of-Year Ransomware Report Reveals Shocking Statistics
The Comparitech end-of-year ransomware report makes for truly shocking reading when the raw numbers are absorbed:
* Just taking into account the confirmed attacks, some 195,414,994 records were compromised, and ransoms totalling $133.5 million were paid, with the average being an astonishing $9,532,263.
* The 195.4 million records breached, although this number is still rising apparently, is lower than that for 2023 when 261.5 million records were known to have been exfiltrated.
Ransomware Gangs Responsible for Attacks
When it comes to the gangs responsible, by far the most prolific was RansomHub with 89 confirmed attacks, then LockBit on 83, Medusa on 62 and Play with 57 confirmed.
Biggest Attacks of 2024
According to the report, the biggest attacks were:
* Change Healthcare–100 million people are estimated to have been affected by the ALPHV/BlackCat attack.
* LoanDepot—16.9 million said to be affected, also in an ALPHV/BlackCat attack.
* MediSecure—with 12.9 million affected, although the ransomware group remains unattributed.
* Izumi Co., Ltd—7.8 million affected by another unattributed group.
* Evolve Bank & Trust—7.6million people affected by this LockBit attack.
Ransomware Attacks by Sector
Comparitech categorized ransomware attacks into four sectors: business, education, government, and healthcare. “The only sector that looks set to see a decrease in attacks from 2023 to 2024 is education,” Rebecca Moody, Comparitech’s head of data research and author of the report, said, “in 2023, we logged 188 attacks on educational institutions, such as schools and universities. This dropped to 116 in 2024. All of the other sectors will be on a steady year-on-year trend once all breaches have been reported.”
The Ransomware Landscape in 2025
Although Moody conceded that predicting the ransomware landscape is notoriously tricky, that doesn’t prevent some intelligence-inspired deductions about the threat landscape from being drawn.
“At the start of last year, it seemed as though ransomware figures were declining,” Moody said, “but figures started to skyrocket again toward the end of the year.” Based on these figures, Moody said that it’s “highly likely we’ll continue to see large-scale attacks” across 2025. These attacks will, Moody warned, “either cause widespread disruption to companies and/or see troves of data being stolen.”
Conclusion
The ransomware threat is far from over, and organizations must remain vigilant to protect themselves against these attacks. The report highlights the need for robust cybersecurity measures, including regular backups, employee education, and incident response planning.
FAQs
Q: How many organizations were affected by ransomware attacks in 2024?
A: 1,204 organizations had confirmed success against them, with another 4,257 attacks claimed by the cybercriminals responsible.
Q: How many records were compromised in 2024?
A: Some 195,414,994 records were compromised, with the average ransom being $9,532,263.
Q: Which ransomware gangs were most prolific in 2024?
A: RansomHub was the most prolific, with 89 confirmed attacks, followed by LockBit on 83, Medusa on 62 and Play with 57 confirmed.
Innovation and Technology
Protect Yourself Against AI Cybercrime
Innovation and Technology
Digital Transformation in Healthcare: Strategies for Improving Patient Outcomes

With digital transformation strategies, healthcare organizations can revolutionize the way they deliver care, improving patient outcomes and enhancing the overall healthcare experience. By leveraging technology, healthcare providers can streamline clinical workflows, enhance patient engagement, and make data-driven decisions. In this article, we will explore the various digital transformation strategies that can be employed in healthcare to improve patient outcomes.
Introduction to Digital Transformation in Healthcare
Digital transformation in healthcare refers to the integration of digital technology into all areas of healthcare, from patient engagement to clinical decision-making. This transformation has the potential to improve patient outcomes, reduce healthcare costs, and enhance the overall quality of care. With the increasing demand for high-quality, patient-centered care, healthcare organizations are under pressure to adopt digital transformation strategies that can help them stay ahead of the curve.
Benefits of Digital Transformation in Healthcare
The benefits of digital transformation in healthcare are numerous. Some of the key benefits include improved patient outcomes, enhanced patient engagement, and increased efficiency. Digital transformation can also help healthcare organizations to reduce costs, improve care coordination, and enhance the overall quality of care. Additionally, digital transformation can enable healthcare organizations to make data-driven decisions, which can lead to better patient outcomes and improved population health.
Digital Transformation Strategies for Improving Patient Outcomes
There are several digital transformation strategies that healthcare organizations can employ to improve patient outcomes. Some of these strategies include telemedicine, artificial intelligence, and data analytics. Telemedicine, for example, can enable healthcare providers to remotely monitor patients, reducing the need for hospitalizations and improving patient outcomes. Artificial intelligence can help healthcare providers to analyze large amounts of data, identifying patterns and trends that can inform clinical decision-making.
Telemedicine: A Key Digital Transformation Strategy
Telemedicine is a digital transformation strategy that enables healthcare providers to remotely deliver care to patients. This can include video consultations, remote monitoring, and mobile health applications. Telemedicine has the potential to improve patient outcomes by increasing access to care, reducing hospitalizations, and enhancing patient engagement. Additionally, telemedicine can help healthcare organizations to reduce costs, improve care coordination, and enhance the overall quality of care.
Artificial Intelligence: Enhancing Clinical Decision-Making
Artificial intelligence is a digital transformation strategy that can help healthcare providers to analyze large amounts of data, identifying patterns and trends that can inform clinical decision-making. Artificial intelligence can be used to analyze medical images, diagnose diseases, and develop personalized treatment plans. Additionally, artificial intelligence can help healthcare providers to predict patient outcomes, identify high-risk patients, and develop targeted interventions.
Implementing Digital Transformation Strategies
Implementing digital transformation strategies in healthcare requires a thoughtful and multi-step approach. Healthcare organizations must first assess their current technology infrastructure, identifying areas for improvement and opportunities for growth. They must then develop a digital transformation strategy, which outlines their goals, objectives, and key performance indicators. Additionally, healthcare organizations must ensure that they have the necessary resources and support in place to implement their digital transformation strategy.
Change Management: A Critical Component of Digital Transformation
Change management is a critical component of digital transformation in healthcare. Healthcare organizations must ensure that they have a clear change management strategy in place, which outlines their approach to communicating change, training staff, and addressing resistance. This can include providing training and support to staff, communicating the benefits of digital transformation, and addressing concerns and resistance.
Overcoming Barriers to Digital Transformation
There are several barriers to digital transformation in healthcare, including regulatory barriers, financial barriers, and cultural barriers. Regulatory barriers, for example, can include concerns about data privacy and security, while financial barriers can include the high cost of implementing digital transformation strategies. Cultural barriers, on the other hand, can include resistance to change and a lack of digital literacy among staff.
Addressing Regulatory Barriers to Digital Transformation
Regulatory barriers to digital transformation in healthcare can be addressed by ensuring that healthcare organizations are compliant with relevant regulations, such as the Health Insurance Portability and Accountability Act (HIPAA). This can include implementing robust data security measures, ensuring that staff are trained on data privacy and security, and conducting regular audits and risk assessments.
Conclusion
In conclusion, digital transformation strategies have the potential to revolutionize the way healthcare is delivered, improving patient outcomes and enhancing the overall healthcare experience. By leveraging technology, healthcare providers can streamline clinical workflows, enhance patient engagement, and make data-driven decisions. However, implementing digital transformation strategies requires a thoughtful and multi-step approach, which includes assessing current technology infrastructure, developing a digital transformation strategy, and ensuring that necessary resources and support are in place.
Frequently Asked Questions (FAQs)
What is digital transformation in healthcare?
Digital transformation in healthcare refers to the integration of digital technology into all areas of healthcare, from patient engagement to clinical decision-making.
What are the benefits of digital transformation in healthcare?
The benefits of digital transformation in healthcare include improved patient outcomes, enhanced patient engagement, and increased efficiency.
What are some common digital transformation strategies in healthcare?
Some common digital transformation strategies in healthcare include telemedicine, artificial intelligence, and data analytics.
How can healthcare organizations overcome barriers to digital transformation?
Healthcare organizations can overcome barriers to digital transformation by addressing regulatory barriers, financial barriers, and cultural barriers. This can include ensuring compliance with relevant regulations, providing training and support to staff, and communicating the benefits of digital transformation.
Innovation and Technology
Building an AI-Ready Corporate Culture

A few decades back, management guru Peter Drucker made the observation that “culture eats strategy for breakfast.” meaning that without a responsive, forward-looking corporate culture, even the most meticulously planned business strategy will fall flat.
Introduction to the Concept
In other words, just as people make the world go ‘round, and people make the business go ’round, it’s going to take people to make artificial intelligence go ’round. For organizations moving full-steam into AI, Drucker’s time-tested words still ring true. Culture will eat any AI strategy for breakfast, and perhaps lunch too.
Approaches for a Well-Functioning AI Strategy
There are some approaches that leaders seeking to pursue a well-functioning AI strategy can follow that can help integrate it into corporate culture. West Monroe, an analyst group, recently published practical guidelines for building a thriving culture that embraces – not repels – AI.
Key Points for Integration
The following are key points for integrating AI into corporate culture:
- Visualize a successful AI operating model. It’s essential to have a compelling vision of what exactly AI will bring to the business. An ideal AI operating culture provides for a natural flow of work between human talent and AI systems. AI is good at some things, humans at others – such as creativity, judgement and empathy. “Organizations that first define what success looks like – automating simple and routine tasks, enhancing customer experiences or improving decision-making—will maximize ROI,” the West Monroe co-authors state. “Without this alignment, AI will remain an expensive, underleveraged asset rather than a business enabler.”
- Set realistic expectations. “Asking employees to blindly trust AI without understanding its role leads to skepticism and resistance. Instead, organizations should clarify AI’s purpose: Is it an advisor, an efficiency tool, or an automated assistant? Setting realistic expectations ensures AI is seen as an enabler, not a disruptor.”
- Build a collaborative culture around AI. For starters, AI should be accessible – in some shape or form – to all. It’s not an IT or data analyst project, it’s everyone’s concern. “Foster a culture that rewards collaboration over territorial thinking,” the West Monroe team urges. “Employees need the assurance that they can experiment with AI to test outcomes. Leaders need to clearly define the purpose of AI within the organization.”
- Position AI agents as “interns.” “Think of an internal AI chatbot as providing each employee with a permanent intern that has perfect recall, access to vast knowledge, and continually improves over time,” the co-authors advise. “Letting this ‘intern’ handle routine tasks frees your team to focus on higher-value work that requires uniquely human skills.”
- Educate and train. Then educate and train some more. “Not every employee needs to become an AI expert, but every employee should have a clear, baseline understanding of how AI can impact their role,” West Monroe urges. “A nurse, for example, doesn’t need to engineer AI algorithms to treat patients but should trust AI-driven diagnostic tools while still applying human judgement.”
- Measure, measure, measure. “AI’s impact isn’t just about automation – it’s about measurable business outcomes,” the co-authors state. Metrics key to AI progress include productivity gains, cost reductions, decision-making quality, employee adoption rates, customer experience improvements and performance improvement.
- Prioritize change management. “AI adoption can often falter not because the technology itself is flawed but because organizations struggle with change,” according to West Monroe. “Many companies operate in environments resistant to innovation, where entrenched processes, risk aversion, and siloed thinking create barriers. Companies must first assess their readiness for change to break this cycle.”
Conclusion
Companies need to integrate AI into existing processes and their DNA rather than treating it as a standalone project. To get there, full employee engagement is the path to success. By following these guidelines and understanding the importance of culture in AI implementation, businesses can ensure that their AI strategies are not only successful but also beneficial to the organization as a whole.
FAQs
- Q: Why is culture important for AI strategy?
A: Culture is crucial because it determines how well employees adapt to and utilize AI technologies, thereby affecting the success of the AI strategy. - Q: How can leaders promote a collaborative culture around AI?
A: Leaders can foster a collaborative culture by making AI accessible to all employees, encouraging experimentation, and defining the purpose of AI within the organization. - Q: What are the key metrics for measuring AI’s impact?
A: Key metrics include productivity gains, cost reductions, decision-making quality, employee adoption rates, customer experience improvements, and performance improvement. - Q: Why is change management important for AI adoption?
A: Change management is vital because AI adoption often falters due to organizational resistance to change, and assessing readiness for change can help break this cycle.
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