Ransomware in Q1 2024: Frequency, size of payments trending downwards, SMBs beware!

More organizations hit by ransomware gangs are starting to realize that it doesn’t pay to pay up: “In Q1 2024, the proportion of victims that chose to pay touched a new record low of 28%,” ransomware incident response firm Coveware has found. Victim organizations are increasingly able to withstand an encryption attack and restore operations without the need for a decryption key, they said, and the stolen data is often leaked or traded even after … More

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