• Tech News
    • Games
    • Pc & Laptop
    • Mobile Tech
    • Ar & Vr
    • Security
  • Startup
    • Fintech
  • Reviews
  • How To
What's Hot

Elementor #32036

January 24, 2025

The Redmi Note 13 is a bigger downgrade compared to the 5G model than you might think

April 18, 2024

Xiaomi Redmi Watch 4 is a budget smartwatch with a premium look and feel

April 16, 2024
Facebook Twitter Instagram
  • Contact
  • Privacy Policy
  • Terms & Conditions
Facebook Twitter Instagram Pinterest VKontakte
Behind The ScreenBehind The Screen
  • Tech News
    1. Games
    2. Pc & Laptop
    3. Mobile Tech
    4. Ar & Vr
    5. Security
    6. View All

    Bring Elden Ring to the table with the upcoming board game adaptation

    September 19, 2022

    ONI: Road to be the Mightiest Oni reveals its opening movie

    September 19, 2022

    GTA 6 images and footage allegedly leak

    September 19, 2022

    Wild west adventure Card Cowboy turns cards into weird and silly stories

    September 18, 2022

    7 Reasons Why You Should Study PHP Programming Language

    October 19, 2022

    Logitech MX Master 3S and MX Keys Combo for Business Gen 2 Review

    October 9, 2022

    Lenovo ThinkPad X1 Carbon Gen10 Review

    September 18, 2022

    Lenovo IdeaPad 5i Chromebook, 16-inch+120Hz

    September 3, 2022

    It’s 2023 and Spotify Still Can’t Say When AirPlay 2 Support Will Arrive

    April 4, 2023

    YouTube adds very convenient iPhone homescreen widgets

    October 15, 2022

    Google finishes iOS 16 Lock Screen widgets rollout w/ Maps

    October 14, 2022

    Is Apple actually turning iMessage into AIM or is this sketchy redesign rumor for laughs?

    October 14, 2022

    MeetKai launches AI-powered metaverse, starting with a billboard in Times Square

    August 10, 2022

    The DeanBeat: RP1 simulates putting 4,000 people together in a single metaverse plaza

    August 10, 2022

    Improving the customer experience with virtual and augmented reality

    August 10, 2022

    Why the metaverse won’t fall to Clubhouse’s fate

    August 10, 2022

    How Apple privacy changes have forced social media marketing to evolve

    October 16, 2022

    Microsoft Patch Tuesday October Fixed 85 Vulnerabilities – Latest Hacking News

    October 16, 2022

    Decentralization and KYC compliance: Critical concepts in sovereign policy

    October 15, 2022

    What Thoma Bravo’s latest acquisition reveals about identity management

    October 14, 2022

    What is a Service Robot? The vision of an intelligent service application is possible.

    November 7, 2022

    Tom Brady just chucked another Microsoft Surface tablet

    September 18, 2022

    The best AIO coolers for your PC in 2022

    September 18, 2022

    YC’s Michael Seibel clarifies some misconceptions about the accelerator • DailyTech

    September 18, 2022
  • Startup
    • Fintech
  • Reviews
  • How To
Behind The ScreenBehind The Screen
Home»Security»Report: Ransomware attack frequency and amount demanded down in H1 2022
Security

Report: Ransomware attack frequency and amount demanded down in H1 2022

September 19, 2022No Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Ransomware preparation and response: Develop a cyber kill chain
Share
Facebook Twitter LinkedIn Pinterest Email

Were you unable to attend Transform 2022? Check out all of the summit sessions in our on-demand library now! Watch here.


According to a new report from Coalition, ransomware attack frequency and cost are down. From H2 2021 to H1 2022, ransomware payment demands decreased from $1.37 million to $896,000. Of the incidents that resulted in a payment, Coalition policyholders paid an average of roughly 20% the initial amount demanded. As organizations become more aware of ransomware, they have implemented better controls, allowing them to restore operations without paying.

Over the last three years, cyberattacks have evolved into a viable criminal business model, with ransomware gangs holding all-sized organizations hostage in exchange for exorbitant fees. In 2022, many of the top ransomware variants could be directly associated with or leased from the Conti ransomware gang, such as Karakurt — a known data extortion arm of Conti. The FBI estimates that attacks associated with Conti have had payouts exceeding $150 million, making Conti the costliest strain of ransomware ever. 

Image source: Coalition.

While ransomware has declined, the report by Coalition, 2022 Cyber Claims: Mid-year Update, found that phishing has become one of the most common attack vectors that result in cyber insurance claims –- accounting for nearly 60% of claims, increasing 32% from 2021.

Coalition also observed that phishing often leads to FTF events, where threat actors steal funds by redirecting or changing payment instructions. FTF severity increased by 3% in 2022, demonstrating consistent annual three-year growth.

Event

MetaBeat 2022

MetaBeat will bring together thought leaders to give guidance on how metaverse technology will transform the way all industries communicate and do business on October 4 in San Francisco, CA.

See also  Report: The GoldenEye 007 delayed due to war in Ukraine

Register Here

As attack methods shift, small businesses (SMBs) are still in the crosshairs. The average claim cost for an SMB increased 58% compared to 2021. As SMBs continue their digital evolution, they increase their dependence on third-party vendors for technology tools. This reliance often makes SMBs more vulnerable because they lack the necessary resources to invest in their security.

Coalition’s report stems from an aggregation of claims and incident data from the 160,000+ organizations it protects. This report examined claims data from Coalition’s North American policyholders, including the highest profile claim events and cyberattacks, during the first half of 2022.

Read the full report by Coalition.

Source link

Amount Attack demanded Frequency ransomware report
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Internal Report Suggests Security Lapses at Hacked Crypto Exchange Bitfinex

May 29, 2023

Startup Founders Report Entrepreneurship Is Taking A Toll On Their Mental Health

April 29, 2023

A Damning US Report Lays Bare Amazon’s Worker Injury Crisis

January 19, 2023

How Apple privacy changes have forced social media marketing to evolve

October 16, 2022
Add A Comment

Comments are closed.

Editors Picks

How to secure your TikTok account

June 24, 2022

Unlocking Success Like A Boss

August 2, 2023

Klim harvests $6.6M seed to get more farmers growing greener • DailyTech

September 8, 2022

New M2 MacBook Professionals may arrive this fall

July 19, 2022

Subscribe to Updates

Get the latest news and Updates from Behind The Scene about Tech, Startup and more.

Top Post

Elementor #32036

The Redmi Note 13 is a bigger downgrade compared to the 5G model than you might think

Xiaomi Redmi Watch 4 is a budget smartwatch with a premium look and feel

Behind The Screen
Facebook Twitter Instagram Pinterest Vimeo YouTube
  • Contact
  • Privacy Policy
  • Terms & Conditions
© 2025 behindthescreen.uk - All rights reserved.

Type above and press Enter to search. Press Esc to cancel.