77% of Ransomware Spurs Data Extortion, Driven by Accellion Hack

Health IT Security

Jessica Davis

Driven by Clop actors and the Accellion File Transfer Appliance (FTA) hack, exfiltration and extortion attempts are now occurring in the vast majority of ransomware attacks, increasing from 70 percent in Q4 2020 to 77 percent during the last quarter, according to Coveware data.

Professional services was the most targeted sector, accounting for 24.9 percent of all ransomware attacks during Q1, followed by healthcare and the public sectors with 11.6 percent each.

Meanwhile, Emsisoft released ransomware cost estimates for 2021, so far, and found the average ransomware demand increased by more than 80 percent over the last year. About 27 percent of affected entities pay the ransom demand, with a $274,200 average price tag for downtime.

Coveware data showed the average ransom payment rose...

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