Ransomware empire kept its winning streak going up in 2021

According to the findings of the second edition of the report, the ransomware empire’s winning streak continued, with the average ransom demand increasing by 45 percent to $247,000 in 2021.

76% of organizations admit paying ransomware criminals

The Veeam 2022 Ransomware Trends Report is based on the findings of an independent research firm that surveyed 1,000 IT leaders whose organizations had been successfully attacked by ransomware at least once in the previous 12 months.

VAD Technologies, Cohesity announce partnership

VAD Technologies, a long-standing IT and technology value-added distributor in the Middle East and North Africa, announced a collaboration with Cohesity, a pioneer in next-generation data management solutions.

Dark Web leaks led to higher ransomware payments in 2021

REvil, also known as Sodinokibi, came in second with 7.1%, followed by Hello Kitty and Phobos (4.8% each). Conti’s Dark Web leak site also contained the names of 511 organizations, the most of any group.

Complex RansomOps fuel explosion in 2021 ransomware economy, reveals Cybereason

Early on, ransomware attackers relied on “spray-and-pray” tactics to target mostly individuals when ransom demands were relatively low compared to what we saw in 2020-2021.