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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🚨 The first half of 2025 has seen a sharp rise in social engineering attacks – and they’re more convincing than ever.
💥 Criminals are using AI, deepfakes, and hyper-realistic phishing to impersonate executives, trick employees, and bypass even strong technical defenses.
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⚠️ The most dangerous myth? Thinking “our staff would never fall for this.” Even trained employees can be manipulated under the right pressure.
📊 Prevention starts with continuous awareness training, phishing simulations, and clear reporting channels – combined with real-time monitoring to detect early signs of an attack.
📢 The weakest link is often human, but with the right approach, your people can become your strongest defense. Book your AUMINT.io consultation today.
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