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Ransomware Payments Explode Amid Quadruple Extortion

Palo Alto Networks’ Unit 42 puts the average payout at over half a million dollars, while Barracuda has tracked a 64 percent year over year spike in the number of attacks. The highest ransom demand of a single victim rose to $50 million in the first half of 2021, up from $30 million last year. Cybercriminals are using as many as four techniques to turn the thumbscrews on victims, including denial-of-service attacks and harassment of a victims connections to the pain.”]

Source: https://threatpost.com/ransomware-payments-quadruple-extortion/168622/

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