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
The DORA Deadline Is Looming – Are Your Third-Party Vendors Ready?
DORA is about to change the game for U.S. third-party vendors working with European financial institutions. Yet most aren’t prepared – and the deadline is closing in.
💥 Miss compliance, lose business. The EU is cracking down on vendor resilience, and financial institutions are already reviewing partnerships. If your security and risk monitoring don’t meet DORA standards, you’re at risk of getting cut off.
🔍 Can your systems withstand cyber threats? DORA mandates risk assessments, operational resilience testing, and strict incident reporting. Most vendors don’t have the infrastructure in place – but AUMINT.io does.
⚡ Don’t wait for regulators to make the call. Find out how AUMINT.io ensures compliance.
#DORA #ThirdPartyRisk #Cybersecurity #OperationalResilience #FinancialCompliance #RegulatoryRisk