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Coveware Quarterly Ransomware Report

Coveware (Veeam)

Cyber and cyber lossesRançongicielsQuarterlyWorld

Quarterly report on the economics of ransomware. Documents median and average ransom payments, the share of victims that pay, the most active strains and initial access vectors. A reference read on the evolution of payments and double-extortion tactics.

Methodology

Statistics built from the incident-response cases the firm handled directly during the quarter. The sample reflects a population of assisted victims, which may under-represent undeclared incidents or those resolved without negotiation.

Recommended use

Use to calibrate a ransomware severity assumption or to challenge pricing based on outdated figures. Essential for any cyber underwriter or actuary working the extortion peril.

Official source ↗Latest edition: T4 2025
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