Ransom Monetization Rates Fall to Record Low Despite Jump In Average Ransom Payments

Ransom Monetization Rates Fall to Record Low Despite Jump In Average Ransom Payments

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As ransomware affiliates are paid less frequently, they have adapted their strategies to compensate for the shifting dynamics of cyber extortion ... Read More
ransom payments by quarter

Big Game Hunting is back despite decreasing Ransom Payment Amounts

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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

Improved Security and Backups Result in Record Low Number of Ransomware Payments

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Only 37% of ransomware victims paid a ransom in Q4, a record low as security and backup continuity investments pay off ... Read More
spectrum of security events/incidents

Uber Verdict Raises New Risks for Ransom Payments

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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
average and median ransom payments by quarter

Fewer Ransomware Victims Pay, as Median Ransom Falls in Q2 2022

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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

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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
percentage of cases that pay a ransom is decreasing

Ransomware Threat Actors Pivot from Big Game to Big Shame Hunting

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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

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The long term impact of sanctions on Russian unemployment has the potential to increase the volume of future Ransomware attacks ... Read More
Ransom payments by quarter

Law enforcement pressure forces ransomware groups to refine tactics in Q4 2021

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Ransomware as a service groups are shifting their tactics as enterprises become harder targets, and law enforcement pressure mounts ... Read More
Ransomware as a service -  Adoption/Innovation curve

Ransomware as a Service Innovation Curve

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As the Ransomware attacks continue, the direction and growth of the RaaS model is following a traditional innovation trajectory ... Read More