Security News > 2023 > November > Ransomware attacks set to break records in 2023

Ransomware attacks set to break records in 2023
2023-11-01 05:00

Ransomware attacks continue at a record-breaking pace, with Q3 2023 global ransomware attack frequency up 11% over Q2 and 95% year-over-year, according to Corvus Insurance.

In its Q2 2023 Global Ransomware Report, Corvus noted a significant resurgence in global ransomware attacks, which has continued through the third quarter.

Now, with two months remaining in the year, the number of ransomware victims in 2023 has already surpassed what was observed for 2021 and 2022.

If the trajectory continues, 2023 will be the first year with more than 4,000 ransomware victims posted on leak sites.

The CL0P ransomware group has played a major role in this spike in 2023 ransomware activity.

The single MOVEit vulnerability accounted for 9% of the victims in Q2 and 13% in Q3. Even without these CL0P spikes in attack activity, ransomware numbers would still be up 5% over Q2 and 70% YoY in Q3. Threat actors cut summer breaks short.


News URL

https://www.helpnetsecurity.com/2023/11/01/q3-2023-ransomware-attacks/