Crypto Attackers Increased Ransom by 200% in 2019

Crypsis Group has reported that crypto attackers have stepped up their game by increasing the amount of money they demand.

The digital forensics company, Crypsis Group, has data on the increasing demands of ransomware attackers. The firm discovered a 200% increase between 2018 and 2019.

The Incident Response and Data Breach Report for the year 2020 also agrees that there has been a growing trend in the demands within the last three years. From its calculation, the median amount of ransoms paid within the period was $115,123.

Attackers are always equipped

Crypsis Group noted that the attackers target industries that can pay as much money as they demand. The firm noted that before they strike, they make sure their plans are sophisticated so as to record a successful operation.

Moreover, the tactics they use keep changing so that their victims are found unguarded when they strike.

Well known ransomware forms

In 2019, Crypsis Groups noted that attackers used the forms: Ryuk, REvil (also known as Sodinokibi) and Phobos. Attackers used these forms most times because they always worked.

In 2018, it was discovered that Ryuk ransomware was the most rampant. The attackers usually used TrickBot to send spam and phishing emails to their targets.

According to Verizon, the educational sector has gotten the highest number of attacks this year.

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