Ransomware Payments Decline While Data Exfiltration Payments Are On The Rise
The latest data from Coveware shows a slowing of attack efficacy, a decrease in ransom payments being made, and a shift in initial access tactics. According to Coveware’s Q2 2024 Ransomware Quarterly Report, we see a few interesting trends: A new data point brought to light this quarter is the data exfiltration only (DXF) payment trend, which is relatively flat despite fluctuating between 53% in Q1 of 2022 when tracking began, down to a low of 23% in Q1 of this year.