The number of companies paying ransomware attackers for decryption keys and delete stolen files has plummeted, and now represents just 23% of all victims, new research has claims.
In its report, Coveware said ransom payment rates across all impact scenarios – encryption, data exfiltration, and other extortion – fell to a “historical low” of 23% in Q3 2025. “ This continuation of the long-term downward trend is something all industry participants should take a moment to reflect on: that cyber extortion’s overall success rate is contracting,” the company said.
Read more…
Source: TechRadar News
Sign up for the Cyber Security Review Newsletter
The latest cyber security news and insights delivered right to your inbox
Related:
- Iran-linked hackers launch cyberattack against U.S. medtech company Stryker
March 11, 2026
U.S. medical technology company Stryker is currently experiencing a massive cyberattack, which has shut down their computer systems and, as a result, even closed the company’s offices. An Iran-linked digital activist collective known as Handala is claiming credit for the cyberattack against Stryker. This would be the first major cyberattack carried out in the wake of the ...
- Russian hackers target HR departments with vicious new ‘BlackSanta’ malware
March 11, 2026
Russian hackers have been targeting Human Resources (HR) departments at various organizations around the world with a never-before seen piece of malware called BlackSanta. The campaign was spotted by cybersecurity researchers Aryaka, who said the attacks have been going on for at least a year, and include a rather sophisticated infection chain. It most likely starts ...
- BeatBanker: A dual‑mode Android Trojan
March 10, 2026
Recently, Kaspersky researchers uncovered BeatBanker, an Android‑based malware campaign targeting Brazil. It spreads primarily through phishing attacks via a website disguised as the Google Play Store. To achieve their goals, the malicious APKs carry multiple components, including a cryptocurrency miner and a banking Trojan capable of completely hijacking the device and spoofing screens, among other ...
- Ericsson US reveals employee and customer data breach after third-party hack
March 10, 2026
The US arm of Ericsson has confirmed suffering a third-party data breach which saw it lose sensitive data on an undisclosed number of its customers. In a data breach notification letter sent out to affected individuals, Ericsson US said it spotted “a suspicious event” and potential unauthorized access to its systems on April 28, 2025. The ...
- DOGE employee stole Social Security data and put it on a thumb drive
March 10, 2026
A former employee of Elon Musk’s Department of Government Efficiency reportedly stole Americans’ personal data from the U.S. Social Security Administration and stored it on a thumb drive, according to a whistleblower complaint reported by The Washington Post. The former DOGE software engineer told co-workers at his new job that he “possessed two tightly restricted databases ...
- Critical Microsoft Excel bug weaponizes Copilot Agent for zero-click information disclosure attack
March 10, 2026
After a whopper of a Patch Tuesday last month, with six Microsoft flaws exploited as zero-days, March didn’t exactly roar in like a lion. Just two of the 83 Microsoft CVEs released on Tuesday are listed as publicly known, and none is under active exploitation, which we’re sure is a welcome change to sysadmins. Another eight ...
