Ransomware recovery experts, Coveware put out an excellent report regarding ransomware over Q2 2020. The average payment for a ransomware attack increased in Q2, but the actual numbers of attacks decreased. In Q2, the average ransomware payment was $178,254. That is a 60% increase from Q1.

It wasn’t until November of 2019 when data exfiltration became a norm for ransomware attacks. Not only are cybercriminals demanding a ransom, but also publishing data online.

Let’s break this down a bit. There are several ways cybercriminals can access your environment.  Small and medium size enterprises were hit via Remote Desktop Protocol (RDP) and email phishing the most in Q2. One can conclude the mad rush to work-from-home during the early part of 2020 is to blame for this avenue of attack. Homes were not ready and equipped with the technology and resources for employees to work from their home offices.

Read more details here.

Industries hit by ransomware in Q2 2020 (greatest to least):

  • Professional Services
  • Public Sector
  • Health Care
  • Financial Services
  • Technology Hardware
  • Software Services
  • Real Estate
  • Transportation
  • Capital Goods
  • Food and Staples Retailing
  • Materials
  • Customer Services
  • Retailing
  • Automobile
  • Insurance
  • Media

SpearTip has seen a giant increase in attacks. It is vital to your environment’s health to have a team of cybersecurity experts working around-the-clock for you. Our proprietary tool, ShadowSpear® and our professional cybersecurity engineers tackle threats before they become an issue. You can learn more about ShadowSpear® at speartip.com.

24/7 Breach Response: 833.997.7327