DataBreaches.Net

Menu
  • About
  • Breach Notification Laws
  • Privacy Policy
  • Transparency Report
Menu

Q2 Ransom Payment Amounts Decline as Ransomware becomes a National Security Priority

Posted on July 23, 2021 by Dissent

Seen on Coveware:

If you had told us at the beginning of 2021 that then President elect Biden would be having a nose to nose face off with Putin over ransomware, we would have speculated that some serious escalation must have occurred. In reality, the lackadaisical indifference of one threat actor (DarkSide) set off a compounding series of events that have led us to where we are today. Given the volume of attacks that Ransomware-as-a-service (RaaS) groups conduct, and the de minimis diligence that these groups perform, we are quite certain that the DarkSide affiliate that attacked Colonial Pipeline, had no idea that a) Colonial controlled 45% of the gasoline supply on the US east coast, b) that shutting down that pipeline would cause a consumer run on gasoline, c) that NOTHING gets voters and their duly elected representatives out of their chairs like rising gasoline prices, and finally d) that if you mess with US gasoline prices, you are going to get the attention of the President. Other high profile attacks that would have otherwise garnered 12 hours of media attention were (FINALLY) codified proof that the US indeed has a major problem with ransomware.

But what does that have to do with ransomware payments declining, you ask? Read more on Coveware.

Related:

  • Colonial Pipeline was hacked. No, wait, Accenture…
  • A chat with DarkSide
  • Department of Justice Seizes $2.3 Million in…
  • More than four months after DarkSide attack, Guess…
  • Kept in the Dark -- Meet the Hired Guns Who Make…
Category: Breach IncidentsCommentaries and AnalysesMalware

Post navigation

← Hospital worker stole identities of dying California patients in COVID scam, feds say
De: Hidden crypto farm in Frankfurt restaurant exposed →

Now more than ever

"Stand with Ukraine:" above raised hands. The illustration is in blue and yellow, the colors of Ukraine's flag.

Search

Browse by Categories

Recent Posts

  • Marquette County Medical Care Facility discloses data breach
  • Industry Letter – June 23, 2025: Impact to Financial Sector of Ongoing Global Conflicts
  • MNGI Digestive Health settles class action lawsuit stemming from BlackCat attack
  • Four REvil ransomware members released after time served on carding charges
  • Why Dumping Sensitive Data on Network Shares is a Liability
  • A militarily degraded Iran may turn to asymmetrical warfare – raising risk of proxy and cyber attacks
  • Pro-Russian hackers disrupt Dutch government websites ahead of NATO summit
  • Iran-Linked Threat Actors Leak Visitors and Athletes’ Data from Saudi Games
  • UK: Oxford City Council still investigating cyberattack from earlier this month
  • Steelmaker Nucor Says Hackers Stole Data in Recent Attack

No, You Can’t Buy a Post or an Interview

This site does not accept sponsored posts or link-back arrangements. Inquiries about either are ignored.

And despite what some trolls may try to claim: DataBreaches has never accepted even one dime to interview or report on anyone. Nor will DataBreaches ever pay anyone for data or to interview them.

Want to Get Our RSS Feed?

Grab it here:

https://databreaches.net/feed/

RSS Recent Posts on PogoWasRight.org

  • How Internet of Things devices affect your privacy – even when they’re not yours
  • Sky Views Personal Data as a Potential Weapon in IPTV Piracy War
  • Florida Used a Nationwide Surveillance Camera Network 250 Times To Aid in Immigration Arrests
  • Federal Court Strikes Down HIPAA Reproductive Health Care Privacy Rule
  • The Markup caught 4 more states sharing personal health data with Big Tech
  • Privacy in the Big Sky State: Montana’s Consumer Privacy Law Gets Amended
  • UK Passes Data Use and Access Regulation Bill

Have a News Tip?

Email: Tips[at]DataBreaches.net

Signal: +1 516-776-7756

Contact Me

Email: info[at]databreaches.net

Mastodon: Infosec.Exchange/@PogoWasRight

Signal: +1 516-776-7756

DMCA Concern: dmca[at]databreaches.net
© 2009 – 2025 DataBreaches.net and DataBreaches LLC. All rights reserved.