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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Retailers Under Siege: Cyberattacks Disrupt Operations and Expose Customer Data
🛡️ Major Retailers Hit by Cyberattacks: Is Your Business Prepared?
Recent cyberattacks on Victoria’s Secret, The North Face, and Cartier have led to operational disruptions and exposed customer data.
Key takeaways:
Victoria’s Secret temporarily shut down its website and delayed earnings release due to a cybersecurity breach.
The North Face experienced a credential stuffing attack, potentially exposing customer information.
Cartier reported unauthorized access to client data, though no financial information was compromised.
These incidents highlight the escalating cyber threats facing the retail sector.
At AUMINT.io, we offer comprehensive cybersecurity solutions to safeguard your business against such threats.
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#CyberSecurity #RetailSecurity #DataProtection #AUMINT