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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Scattered Spider: The Silent Threat Exploiting IT Support Teams
🕸️ Scattered Spider’s Sneaky Attack on IT Support Teams
The most dangerous cyberattacks don’t always come from code – they come from exploiting human trust.
Scattered Spider, a cybercriminal group from the US and UK, has mastered this by targeting IT support teams with sophisticated voice phishing (vishing) and impersonation.
By pretending to be legitimate employees, they trick IT teams into resetting passwords or bypassing multi-factor authentication (MFA). This approach slips past even strong technical defenses.
What’s more alarming? They partner with ransomware-as-a-service groups like DragonForce to launch full-scale attacks after gaining entry.
This shows why strengthening human defenses is now as crucial as firewalls and antivirus software.
Want to learn how to protect your IT teams and your business from such stealthy threats?
At AUMINT.io, we specialize in tailored cybersecurity solutions that combine real-time threat intelligence with behavioral analytics to detect and block these human-centric attacks.
Don’t wait for a breach – take control now.
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