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Ransomware extortion doesn’t end after paying up

A new report confirms the untrustworthiness of ransomware threat actors

by Josh.Breaker-Rolfe
February 24, 2022
in Cyber Bites
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A study carried out by cyber security specialist Venafi has confirmed existing fears that in most cases of paying the ransom, extortion simply continues.

Key findings include:

  • 18% of victims who paid the ransom still had their data exposed on the dark web.
  • 8% refused to pay the ransom, and the attackers tried to extort their customers.
  • 35% of victims paid the ransom but were still unable to retrieve their data.
  • 83% of all successful ransomware attacks featured double and triple extortion.
  • 38% of ransomware attacks threatened to use stolen data to extort customers.
  • 35% of ransomware attacks threatened to expose stolen data on the dark web.
  • 32% of attacks threatened to directly inform the victim’s customers of the data breach incident.
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