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Tuesday, April 30, 2024

Global ransomware payments skyrocket

Global ransomware payments skyrocket

Cybercriminals now more sophisticated

Thailand has received the third largest number of malware samples in Asean this year at 12%. Wichan Charoenkiatpakul

The average payment for ransomware attacks globally has reached US$850,000, almost tripling from last year, as incidents become more common worldwide, according to Palo Alto Networks, a global cybersecurity company.

“The impact of any large-scale ransomware attack reflects that ransomware operators have grown in sophistication and capability, making them more effective at compromising large organisations,” Sean Duca, Palo Alto Networks vice-president and regional chief security officer for Asia-Pacific, told the Bangkok Post.

In 2020, ransomware victims paid an…

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