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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How LastPass Thwarted a Deepfake CEO Scam – And What It Means for Your Business
🚨 LastPass Foils Deepfake CEO Scam – Here’s How
In April 2024, a LastPass employee received a series of messages – including calls, texts, and a voicemail – featuring an AI-generated voice impersonating CEO Karim Toubba. The attacker used WhatsApp, an unconventional communication channel for the company, to create a sense of urgency.
Fortunately, the employee recognized the red flags:
The use of WhatsApp, not a standard business communication tool.
The forced urgency in the messages.
The unusual nature of the request.
Suspicious of the authenticity, the employee ignored the messages and reported the incident to the internal security team. As a result, the company suffered no impact from the attack.
This incident underscores the growing threat of AI-powered deepfake scams. Deepfakes use generative AI to create realistic audio and video impersonations, making it increasingly difficult to distinguish between legitimate and fraudulent communications. Such attacks are not limited to high-profile targets; they can affect businesses of all sizes.
At AUMINT.io, we specialize in helping businesses defend against evolving cyber threats, including deepfake scams. Our solutions are designed to detect and mitigate risks associated with AI-driven attacks, ensuring the security of your organization’s sensitive information.
Don’t wait until it’s too late – Schedule a consultation with AUMINT.io today to fortify your defenses against emerging cyber threats.
#CyberSecurity #Deepfake #AIThreats #BusinessProtection #AUMINT