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.
Β _________________
( Source: Coverware Ransomeware Report)
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97% of APAC Breaches Stem from Just Three Attack Vectors β Are You Prepared?
π¨ 97% of APAC Breaches: Are You at Risk?
π The Verizon 2025 DBIR reveals that 97% of data breaches in the Asia-Pacific region stem from system intrusions, social engineering, and basic web application attacks.
π System intrusions have escalated dramatically, now accounting for 80% of breaches, up from 38% the previous year.
π° Ransomware is a significant factor, involved in 51% of these breaches, with median ransom payments reaching $115,000.
π― Social engineering tactics, including phishing and pretexting, continue to exploit human vulnerabilities, representing 20% of breaches.
π‘οΈ AUMINT.io’s Trident platform addresses these challenges by:
Simulating real-world phishing and social engineering attacks to train employees.
Providing CISOs with actionable insights into human risk factors.
Enhancing overall security posture by addressing both technological and human vulnerabilities.
π Empower your team to recognize and thwart these sophisticated attacks.
π Schedule your free strategy session with AUMINT.io today and strengthen your organization’s human firewall.β
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