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Ransomware, Security News

Ransom payments averaging $41,000 per incident

The average ransom payment paid out by victims increased 13 percent, to $41,000, during the last three months, but researchers noted the rate of increase has plateaued. Researchers at Coveware credited the victims with being better prepared to restore their data on their own negating the need to pay the ransom. However, that was not…
Ransomware, Security News

Average ransom payment up 33 percent in Q1, Sodinokibi and Ryuk top variants

The ever industrious and forward-looking groups behind the majority of ransomware attacks essentially reinvented the business during the first quarter of 2020 developing new tools and methods that helped boost their success rate. The advent of the COVID-19 pandemic certainly helped these cybercriminals by giving them additional avenues to pursue but the new strategies would…
Features, Security News

The hottest topic: Ransomware

The attacks that transpired last year alone arguably made ransomware the hot topic of the year and most likely a leading contender for 2020, as well, but a new element that cropped up late last year – attackers adding a layer of blackmail to the threat of locking a target’s computer system – solidified its…
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