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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Microsoft Elevates Security to Core Priority โ What It Means for the Industry
๐ Microsoft Elevates Security to Core Priority โ What It Means for the Industry
๐จ Microsoft has announced that starting in 2024, all employees will be evaluated based on their contributions to the company’s cybersecurity efforts.
๐ This move underscores the growing importance of security in the tech industry and sets a precedent for other organizations to follow.
๐ก๏ธ As part of this initiative, Microsoft has introduced a new performance evaluation system called “Connect,” requiring employees to document their security-related activities.
๐ Managers will assess these contributions when determining promotions, salary increases, and bonuses.
๐ This approach aligns with Microsoft’s broader “Secure Future Initiative,” emphasizing the integration of security into every aspect of the company’s operations.
๐ง For organizations looking to emulate Microsoft’s security-first approach, it’s essential to implement similar initiatives that prioritize cybersecurity at all levels.
๐ AUMINT.io offers solutions designed to help organizations strengthen their cybersecurity posture.
๐ Discover how AUMINT.io can support your organization’s cybersecurity goals โ Book a Demo
#CyberSecurity #EmployeeEngagement #PerformanceManagement #AUMINT