"The ransomware threat landscape worsened in several significant ways through 2019 and into the current year, according to BakerHostetler’s 2020 Data Security Incident Response Report. Average demands increased more than tenfold and all industry segments saw growth in attack frequency, with stark increases seen by education and government entities.
Several threat actor groups began exfiltrating sensitive data from victims as an additional means to extort a payment, the report noted.
The average ransom paid in 2018 was $28,920 and the largest payment $250,000. But that figure jumped to $302,539 the following year and the largest payment was $5.6 million, the latest report stated.
A tip to avoid this: require vendors to implement multifactor authentication to access an environment."
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