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.
_________________
( Source: Coverware Ransomeware Report)
Save Your Company from Social Engineering Attacks Like that
Register and Get your Personalized Free Exposure Report NOW,
And see where your Company is Exposed to Hackers
Recently Posted on AUMINT.io Blog
How Cyber Fraud is Shaping the Future of Insurance Sales and Client Trust
🔒 Cyber Fraud Threatens Insurance Sales and Client Trust
📉 Fraud tactics are disrupting traditional insurance sales by increasing client skepticism and complicating the sales process.
⚠️ Social engineering and identity theft attacks are more sophisticated, targeting both agents and customers alike.
💡 Sales teams must be trained to recognize and respond to these tactics to protect clients and close deals effectively.
🚀 AUMINT.io delivers tailored social engineering simulations designed for insurance professionals to build real-world resilience.
📈 Strengthen your human firewall and safeguard your brand reputation today.
Learn how AUMINT can transform your team
#Insurance #CyberSecurity #SocialEngineering #FraudPrevention #SalesEnablement #AUMINT #RiskManagement