Make them pay: Hackers device new tactics to ensure ransomware payment


Ransomware remains one of the biggest cyber threats that organizations and governments continue to face. However, hackers are engineering new ways to extract ransom from their victims as organizations take a conscious call to decline ransom payment demands.

With the fall of the most notorious ransomware gang Conti in May 2022, it was assumed that ransomware attacks would see a major decline. However, Tenable found that 35.5% of breaches in 2022 were the result of a ransomware attack, a minor 2.5% decrease from 2021. Similarly, in the fourth quarter of 2022 ransomware victim count declined by 5.1% versus the third quarter, according to Trend Micro.

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