Darkweb Markets are Being Funded

This Cyble report describes a rising trend in ransomware extortion and victim payments—reporting an increase from 49% to 67% of victims paying ransoms—and highlights high-profile incidents and payouts (University of California: $1.14M; CWT: $4.5M; Garmin: millions) and an average enterprise ransom of $111,605 in Q1 2020; it warns that such payouts fund darkweb markets and that COVID-19-driven remote work is increasing organizational exposure to these attacks.