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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Cybercriminal Alliances in 2025 – Why Collaboration is Their Greatest Weapon
⚔️ Cybercriminals Are Teaming Up – Are Your Defenses Ready?
🚨 In 2025, attackers no longer work alone. They operate in highly organized alliances that share tools, data, and expertise to multiply their impact.
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📉 Many companies still think of cyberattacks as isolated incidents. In reality, the threat is now an ecosystem, where multiple criminal groups converge on vulnerabilities simultaneously.
🏢 Mid-market firms and regulated industries face the highest risk. Unlike big enterprises, they rarely have layered defenses and often underestimate how quickly attacks escalate when criminals collaborate.
🔑 The truth is simple – criminals embraced collaboration faster than defenders. If businesses remain reactive, they will always be one step behind.
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