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
Smishing 2.0 – How Hackers Are Weaponizing Text Messages to Steal Your Data
Smishing Attacks Are Getting Smarter – Are You Protected?
📱 Hackers are ditching phishing emails and moving to text messages. Smishing attacks are now leveraging AI, spoofed numbers, and zero-click malware to infiltrate organizations and steal data.
🚨 Why should businesses worry?
Employees often mix personal and work devices, creating security blind spots.
Fake texts mimic banks, IT support, and delivery services – tricking even security-conscious users.
Clicking a single malicious link can compromise entire corporate networks.
🔍 The latest wave of smishing attacks has led to bank fraud, account takeovers, and unauthorized data access. Cybercriminals are moving fast – and traditional mobile security isn’t enough.
💡 What’s the solution?
✅ AI-powered smishing detection to block fraudulent texts before they reach employees.
✅ Zero-trust security to prevent unauthorized access to corporate systems.
✅ Real-time threat monitoring to stay ahead of evolving attacks.
AUMINT.io is securing businesses from the next generation of smishing threats. Book a consultation now before the next attack hits your inbox.
#CyberSecurity #Smishing #Phishing #ThreatIntelligence #MobileSecurity #AUMINT