Ransomware payments drop to record low of 28% in Q1 2024
ID: 68d60062-a49e-5389-9a85-ed28803ab5e0
STIX ID: report--68d60062-a49e-5389-9a85-ed28803ab5e0
Feed Name: Bleeping Computer
Threat Score
Coveware’s Q1 2024 analysis shows a continued decline in ransom payment rates (28%), while total annual payments remain high; average ransom fell QoQ to $381,980 and median rose to $250,000. The report identifies remote access and exploitation (noting CVE-2023-20269, CVE-2023-4966, CVE-2024-1708-9) as major vectors, describes law enforcement disruptions (LockBit) reshaping RaaS ecosystems, and spots Akira as a leading active ransomware actor responsible for widespread breaches.
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