Coveware by Veeam Reveals Q2 2025 Ransomware Surge: Social Engineering ...

Average ransomware payment now $1.1M: Coveware charts rise of data exfiltration – Blocks and Files

Veeam’s Coveware business unit has released its  Q2 ransomware report showing average ransomware payments are double last quarter’s amount at $1.13 million. Data protector Veeam bought the Coveware business, with its cyber-extortion incident response facilities, in April last year. The quarterly report is a snapshot of what it’s seeing, based on “firsthand data, expert insights, […]

Coveware by Veeam reveals Q2 2025 ransomware surge | CXO Insight Middle East

Coveware by Veeam veiled its Q2 2025 ransomware report, spotlighting a dramatic escalation in targeted social engineering attacks and a surge in ransom payments driven by sophisticated data exfiltration tactics. “The second quarter of 2025 marks a turning point in ransomware, as targeted social engineering and data exfiltration have become the dominant playbook,” said Bill Siegel, CEO of Coveware by Veeam. “Attackers aren’t just after your backu…

Data exfiltration pushes ransomware payouts past USD $1 million

Ransomware payouts have surged past USD $1 million in Q2 2025, driven by data exfiltration and social engineering in targeted attacks on mid-sized firms.

Coveware by Veeam Reveals Q2 2025 Ransomware Surge: Social Engineering and Data Exfiltration Drive Record Payouts - Business Wire | #ransomware | #cybercrime - National Cyber Security Consulting

Coveware by Veeam Reveals Q2 2025 Ransomware Surge: Social Engineering and Data Exfiltration Drive Record Payouts  Business Wire Source link ......................... Thank you for subscribing to our RSS feed! The post Coveware by Veeam Reveals Q2 2025 Ransomware Surge: Social Engineering and Data Exfiltration Drive Record Payouts - Business Wire | #ransomware | #cybercrime appeared first on National Cyber Security Consulting.

Coveware by Veeam Reveals Q2 2025 Ransomware Surge: Social Engineering ...