Ransomware Demands Spike by 43% Already in 2021 hacksellercom, validcvvru

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Cybercriminal groups are increasing their automated and tactical ransomware attacks. Unfortunately, that also means they have an increase in greed.
According to a recent report by Coverware, the amount of ransom demanded has increased to $220,298 average payment (43% increase). The median payment has also increased to $78,398 (58% increase). 
The consensus of ransomware attacks in Q1 2021 mostly involved a threat from the bad guys to publish stolen data. As the US government continues to strengthen laws against ransomware groups, the Department of Justice is also kickstarting a task force to bog down on ransomware attacks. 
Some other notable insights on the report include: 
Ransomware attacks are only going to get more sophisticated and more costly to organizations. It’s important to protect your organization. Security protocols such as new-school security awareness training and frequent penetration testing can prepare your organization for how to respond to any situation. 
CyberScoop has the full story . 
Threat actors are constantly coming out with new strains to evade detection. Is your network effective in blocking all of them when employees fall for social engineering attacks?
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Author: wpadmin