Coveware, which provides response services to ransomware attacks, has released a report for the fourth quarter of 2020.
The 4 most interesting data from the report
1. The average ransom payment stands at $ 154,108
It is a decrease of 34% from the third quarter.
2. Organisations decline to pay
The significant decrease in the average payment is due to the fact that more and more organizations are deciding not to pay the ransom.
3. 70% of ransomware attacks also include theft of information from the victim and double extortion
It is an increase of 43% from the third quarter.
4. Social Engineering is the main attack type
In the current quarter the main attack channel was social engineering attacks.
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( Source: Coverware Ransomeware Report)
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🔒 9 Free Encryption Tools CISOs Trust with Sensitive Data 🔒
Protecting sensitive data is a top priority for CISOs – but strong encryption doesn’t have to come with a big price tag. Here are 9 trusted free encryption tools that help secure files, communications, and endpoints:
1️⃣ VeraCrypt – Open-source disk encryption for full volume and container protection.
🔗 https://www.veracrypt.fr/en/Home.html
2️⃣ GnuPG (GPG) – Encrypt emails, files, and communications with open-source public-key cryptography.
🔗 https://gnupg.org/
3️⃣ OpenSSL – Toolkit for SSL/TLS encryption, certificate generation, and secure communications.
🔗 https://www.openssl.org/
4️⃣ AxCrypt – Free file encryption with secure password management for individuals and small teams.
🔗 https://www.axcrypt.net/
5️⃣ BitLocker (Windows Free Edition) – Full-disk encryption built into Windows Pro editions.
🔗 https://learn.microsoft.com/en-us/windows/security/information-protection/bitlocker/
6️⃣ Cryptomator – Open-source encryption for cloud storage files and folders.
🔗 https://cryptomator.org/
7️⃣ KeePassXC – Open-source password manager with strong encryption for credentials.
🔗 https://keepassxc.org/
8️⃣ OpenSSH – Secure shell and encrypted file transfer for remote systems.
🔗 https://www.openssh.com/
9️⃣ 7-Zip – File archiver with AES-256 encryption for secure storage and transfer.
🔗 https://www.7-zip.org/
⚡ These tools help CISOs secure endpoints, emails, cloud data, and communication channels without licensing overhead.
At AUMINT.io, we complement these technical defenses by simulating human-targeted attacks, ensuring your employees understand encryption importance and don’t create accidental leaks.
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