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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Internal Chaos vs. Hackers – Why Your Organization Is More Vulnerable Than You Think
🚨 Internal Chaos Outweighs Hackers in Cyber Incidents
A recent report reveals that internal misalignment during cyber incidents causes more disruption than the attackers themselves. Key findings include:
73% of organizations experience tension between CISOs and CEOs during cyber incidents.
54% report shifts in decision ownership mid-incident, creating uncertainty.
86% suffer delays due to communication breakdowns between teams.
57% encounter major incidents they hadn’t rehearsed.
These insights highlight the critical need for clear communication, defined roles, and coordinated efforts across all departments during a cyber crisis. AUMINT.io offers solutions to address these internal vulnerabilities and enhance organizational readiness.
To learn more about how AUMINT.io can help your organization strengthen its internal processes and improve cybersecurity resilience, schedule an introductory call here
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