Topic: ransomware payments
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Ransomware Groups Pivot as Victims Stop Paying
Ransomware payment rates have plummeted to just 23% in Q3 2025, significantly undermining the financial model of cybercriminals and marking a victory for cybersecurity efforts. Attackers are increasingly relying on social engineering tactics like insider threats, helpdesk impersonation, and callb...
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Ransomware Profits Plummet as Victims Refuse to Pay
Ransomware payment rates have hit a record low of 23%, driven by improved corporate defenses and pressure from authorities not to pay cybercriminals. Attackers are increasingly using "double extortion" tactics, with data theft involved in over 76% of incidents, though payment rates for such attac...
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Ransomware Payouts Hit Record $3.6M as Attacks Evolve
The average ransom payment surged 44% to a record $3.6 million, even as the number of ransomware incidents decreased, indicating a shift toward more targeted attacks. Despite fewer attacks, 70% of victimized organizations paid ransoms, with critical sectors like healthcare and government facing a...
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UK Teens Charged in Scattered Spider Ransomware Case
A UK teenager, Thalha Jubair, faces serious federal charges for his alleged role in a ransomware conspiracy that extorted over $115 million from dozens of U.S. companies. Jubair is accused of being part of Scattered Spider, a cybercriminal group that breached 47 U.S. businesses, stealing data and...
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Security Pros Demand Stricter Regulations, CIISec Reports
69% of cybersecurity professionals advocate for stricter cybersecurity laws, citing that current regulations are inadequate against modern threats. Professionals identify NIS2, DORA, and the UK Cyber Security and Resilience Bill as having the most significant impact on the field, despite some not...
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