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
When Trust Becomes a Threat: How a Pharma Giant Fell to Email Fraud
🔐 Pharma Giant’s Email Breach Exposes Cybersecurity Gaps
📧 A leading pharmaceutical company’s U.S. subsidiary recently fell victim to a sophisticated email-based cyber fraud, resulting in unauthorized fund transfers.
💼 The attackers exploited compromised employee email accounts, highlighting the growing threat of Business Email Compromise (BEC) in corporate environments.
🔍 This incident emphasizes the critical need for robust cybersecurity measures, including employee awareness, advanced threat detection, and incident response strategies.
🚨 The pharmaceutical industry, with its valuable data and intellectual property, is increasingly targeted by cybercriminals, making proactive security measures more essential than ever.
📈 Organizations must prioritize cybersecurity to protect their assets and maintain stakeholder trust.
🔒 Don’t wait for a breach to take action. Schedule a consultation with AUMINT.io today.
#CyberSecurity #PharmaceuticalIndustry #BusinessEmailCompromise #AUMINT