Security News > 2024 > February > 2024 will be a volatile year for cybersecurity as ransomware groups evolve

There are worrying signs that 2024 will be especially volatile, as ransomware groups expand their list of targets, and explore new pressure tactics in response to increasingly effective international law enforcement efforts and the growing momentum of refuse-to-pay initiatives.

Despite BEC incidents outnumbering ransomware incidents by a factor of 10, a ransomware incident is 15 times more likely than a BEC incident to lead to an incident response investigation.

Ransomware groups shape evolving cybercrime landscape.

In recent years, the cybercrime industry has matured and its constituent organizations - including ransomware groups - have grown more sophisticated.

Plus, some ransomware groups and affiliates add additional elements of extortion by directly contacting individuals and organizations withties to victimized targets.

One of the most effective ways an organization can increase resilience to ransomware groups is to maintain proper backup practices.

News URL

https://www.helpnetsecurity.com/2024/02/23/ransomware-groups-tactics/