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Fueled by Profits, Ransomware Persists in New Year

Ransomware has driven record profits in the past 12 months. At least 17 operations are now stealing data and threatening to leak it unless victims pay. Data exfiltration and the threat of leaking data have driven record ransomware profits. The average ransom amount demanded by extortionists has continued to increase, experts warn. There will be more cases of data theft in 2021 than there were in 2020 – likely, at least twice as many,” security firm Emsisoft says. The top 2020 targets of ransomware attackers were schools and universities, especially as organizations and individuals grappled with the effects of the COVID-19 pandemic.”]

Source: https://www.bankinfosecurity.com/fueled-by-record-profits-new-year-sees-ransomware-surging-a-15818

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