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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Humans Remain the Weakest Link – Why Social Engineering Dominates Cyber Threats in 2025
🚨 Humans Are Still the #1 Cybersecurity Risk
📊 Over 80% of organizations now rank social engineering as their greatest threat.
💡 Here’s the twist: it is not just about phishing emails anymore. Attackers are using deepfakes, urgent voice calls, and even video manipulation to outsmart people in ways firewalls cannot stop.
😱 The shock is not in the tools they use – it is in how easily human behavior is exploited. One click, one reply, one rushed decision can unlock the doors no hacker could force open.
🔍 The data tells us most training programs are outdated. Annual awareness sessions fail because attackers test every single day. The result – mid-market firms are losing millions while attackers refine their playbook.
🔥 What works instead? Recurring simulations that mirror real-world social engineering attacks, combined with dashboards that show CISOs and boards exactly where their human vulnerabilities are hiding.
👥 In 2025, the true security perimeter is people – and it is under constant siege.
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