Ransomware payments peaked in 2021

Ransomware payments reached all-time highs last year, with related data leaks and ransom demands also surging, according to Palo Alto Networks.

The stats were compiled from cases worked on by the security vendor’s Unit 42 security consulting business.

The 2022 Unit 42 Ransomware Threat Report published by Palo Alto Networks today claimed the average ransomware payment reached a record $541,010 in 2021, rising 78% year-on-year. Average ransom demands also rose by 144%, reaching an astronomical $2.2m.

Its 2022 Unit 42 Ransomware Threat Report published today claimed the average ransomware payment rose 78% year-on-year in 2021 to reach a record $541,010. Average ransom demands soared by 144% to reach $2.2m.

The report revealed that the Conti group was responsible for the majority of the cases Unit 42 worked on last year, making up about one fifth of the total.

 

The post Ransomware payments peaked in 2021 appeared first on IT Security Guru.

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