New Ransomware Reporting Requirements Kick in as Victims Increasingly Avoid Paying
A lower percentage of ransomware victims are paying, as new regulations begin to elicit more and more public disclosure of ransomware incidents ... Read More
Scattered Ransomware Attribution Blurs Focus on IR Fundamentals
In Q3 2023 a series of ransomware attacks by similar threat actors created headlines and blurred the lines of attribution ... Read More
Ransom Monetization Rates Fall to Record Low Despite Jump In Average Ransom Payments
As ransomware affiliates are paid less frequently, they have adapted their strategies to compensate for the shifting dynamics of cyber extortion ... Read More
Big Game Hunting is back despite decreasing Ransom Payment Amounts
Ransomware threat actors are moving back up-market in search of lost profits as the cyber extortion economy seeks to halt its contraction. ... Read More
Improved Security and Backups Result in Record Low Number of Ransomware Payments
Only 37% of ransomware victims paid a ransom in Q4, a record low as security and backup continuity investments pay off ... Read More
Uber Verdict Raises New Risks for Ransom Payments
The conviction of a high profile security executive who paid to suppress a data leak has created a new dimension of risk for security executives ... Read More
Fewer Ransomware Victims Pay, as Median Ransom Falls in Q2 2022
Ransomware actors became more fluid in Q2 2022 as attribution becomes harder, and fewer victims succumb to paying cyber criminals ... Read More
HSGAC Hearing Recap: Ransomware Attacks and Ransom Payments Enabled by Cryptocurrency
During a recent HSGAC hearing, Coveware had the opportunity to provide testimony on how ransomware attacks are impacting US companies, and the importance mandatory reporting ... Read More
Ransomware Threat Actors Pivot from Big Game to Big Shame Hunting
Less Victims of Ransomware are Paying, even as Cybercriminals Shift from Big Game to Big Shame Hunting ... Read More
How the Russian/Ukraine war may lead to an explosion in Ransomware attacks
The long term impact of sanctions on Russian unemployment has the potential to increase the volume of future Ransomware attacks ... Read More