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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Hackers Target Universities โ Not Just For Money
๐ Universities Are High-Impact Targets โ Not Just For Money
๐จ Attackers deface pages and leak records to expose perceived policy violations or to protest actions.
๐ Academic networks hold sensitive research, personal data, and fragmented systems that invite exploitation by attackers.
โ ๏ธ Ideological groups sometimes use breaches to make public statements and pressure institutional leaders.
๐ฅ Some attacks include multi-year data dumps, causing reputational damage and regulatory exposure for schools.
๐ Attempts against higher education infrastructure have risen sharply, showing a global and persistent trend.
๐ก๏ธ Defenders must prioritize unified governance, visibility, and rapid incident response across all departments.
๐ Implement identity hygiene, segmentation, and rapid patching to reduce attack surface and lateral movement risk.
๐งช Run red team simulations and tabletop exercises to test readiness and public communication plans effectively.
๐ Monitor for spikes in submissions, unusual access patterns, and cross-departmental anomalies in logs to detect intrusions early.
๐ค Coordinate with legal, PR, and academic leadership to prepare rapid, transparent responses that limit fallout.
๐ Protect your campus now โ Book a session with AUMINT.io
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