Ransomware payment rates drop to new low – only 29% of victims are forking over cash
January 31, 2024 at 02:20PM Ransomware payments dropped to 29% in Q4 2023, down from 85% in 2019. Coveware attributes the decline to increased awareness and reluctance to trust data kidnappers due to high-profile incidents where payments led to nothing. A payment ban is discouraged, with reporting requirements and changing victim incentives seen as more … Read more