Ransomware Payments On The Decline As Cyber Attackers Focus on The Smallest, And Largest, Organizations

Q4 2023 ransomware trends (via Coveware) show the average ransom down 33% to $568,705 and payment rates reduced to about 29% (from 85% in 2019), with targeting shifting toward very small (1–100 users) and very large (50,000+ employees) organizations; the piece emphasizes strengthening security awareness to counter social engineering-driven attacks.