More cyberattack victims refusing to pay ransom: report

Summary

This article by Max Mason, writing for AFR, makes the following points:

• The findings don’t mean cyberattacks are down, just that targeted organisations are increasingly refusing to pay their attackers.
• Payments to ransomware attackers in 2021 were $US766 million but fell to $US457 million in 2022—a 40 per cent drop.
• The Australian Cyber Security Centre received cybercrime reports equivalent to one every seven minutes in 2021-22.

References

Recent Runway Posts related to this topic:

• CYBERWAR 01: COLLECTION | The Runway (airforce.gov.au)

References from the Web:

• JAN 2023 CEOs pour money into cybersecurity protection—AFR
• JAN 2023 Fewer ransomware victims are paying up. But there's a catch—ZDNet

Source Information:

• Article Source: https://www.afr.com/
• Media Check: AFR - Media Bias Fact Check (mediabiasfactcheck.com)
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