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The Pain of Double Extortion Ransomware

Thales Cloud Protection & Licensing

According to a recent market study 1 , 71% of individuals surveyed said double and triple extortion tactics have grown in popularity over the last 12 months, and 65% agree that these new threats make it tougher to refuse ransom demands. As part of double extortion attacks, tactics often include the threat of DDoS attacks.

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2024 State of Cybersecurity: Reports of More Threats & Prioritization Issues

eSecurity Planet

Ransomware & Data Theft Organizations worldwide continue to feel the pain of ransomware attacks, although many ransomware gangs may be shifting to extortion over data theft instead of encrypted data. The vendor surveys report that: Cisco: Analyzed that 35% of all attacks in 2023 were ransomware. 54% on-prem infrastructure.