Ransomware payments drop to record low as victims refuse to pay
January 29, 2024 at 11:36AM Ransomware victims paying ransom demands dropped to a record low of 29% in Q4 2023, a trend started in mid-2021. Coveware attributes this to better organization preparedness, distrust towards cybercriminals, and legal pressure. Ransom payments had an average of $568,705 and a median of $200,000, with a drop in victimized … Read more