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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The Executive Deepfake Crisis: When Trust Becomes the Weakest Link
🎭 Deepfake CEOs: The New Corporate Cyber Threat
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⚡ The face, the voice, the mannerisms – all perfect. But it is not your CEO.
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⚡ The result? Not just financial losses but eroded trust inside the organization. Employees hesitate, doubting who to believe – a ripple effect that weakens culture and confidence.
⚡ Security tools cannot stop this. Firewalls and antivirus don’t recognize a cloned voice or face. The defense must come from human awareness.
⚡ AUMINT.io’s Trident platform builds resilience by simulating these scenarios, training teams to spot manipulation and apply verification before it is too late.
⚡ Are your employees ready to question the next “CEO request”? Secure your strategy session here
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