Ransomware Actors Shifting Away From Big-game Hunting to Smaller Targets: Coveware
Ransomware Actors Shifting Away From Big-game Hunting to Smaller Targets: Coveware Ransomware actors shifted to more “mid-game hunting” in the third quarter (Q3) of 2021, resulting in fewer large ransom payments and more lower payments made by middle-market organizations, according to recent data from Coveware, an incident response and ransomware negotiation firm.
The average ransom payment amount stayed around the same level between the second quarter (Q2) and Q3 at $139,739, but the median amount jumped over 50% to $71,674, the firm reports. Both statistics are down significantly from the first quarter (Q1) of 2021.