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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π¨ Hackers Hijack AI Tools for Corporate Breaches
π Cybercriminals are embedding malware inside ChatGPT plugins and Office automation tools β tools your employees might already be downloading.
β‘ The trick works because these tools look helpful, not harmful. A simple βAI assistantβ can secretly steal credentials or create backdoors into enterprise systems.
π The biggest danger is not the code itself but the trust employees place in AI-branded productivity. Social engineering, wrapped in innovation, is a powerful disguise.
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