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Security researchers have uncovered that year-on-year ransomware attacks are doubling in number. According to a report from
TechTarget, the average ransom payment has
increased by 43% as compared to Q4 of 2020. That is
$220,298 from $154,108 in Q4 2020.
Reportedly, the year 2020 witnessed a double ransomware attack due to remote working culture in the wake of the COVID-19 pandemic. The lack of
work from home cyber security measures was the biggest reason behind the surge in cyber attacks. Not to mention, just recently, another giant firm
Comparatively, the cyber threat landscape has evolved and cyber criminals are getting more sophisticated. Currently, they have been launching back-to-back cyber attacks to breach the data of small and big enterprises.
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CAMBRIDGE, Mass., Feb. 9, 2021 /PRNewswire/ The APWG s new
Phishing Activity Trends Report reveals that the number of phishing attacks observed by APWG members grew through 2020, fully doubling over the course of the year. Attacks peaked in October 2020, with a high of 225,304 new phishing sites appearing in that month alone, breaking all previous monthly records.
APWG REPORT: Phishing Attacks Double in 2020 and October Shatters All-Time Monthly Records
In Brazil, security firm Axur saw a slower growth in the number of phishing attacks that targeted Brazilian companies and consumers in Brazil. But overall, Axur observed almost twice as many such phishing sites in 2020 as it did in 2019, a concerning year-over-year growth.