Security News > 2024 > May > Ransomware statistics that reveal alarming rate of cyber extortion

In this article, you will find excerpts from various reports that offer statistics and insights about the current ransomware landscape.

In January, Corvus reported that global ransomware attacks in 2023 set a record high, surpassing 2022 by close to 70%. According to the data, 1,075 leak site ransomware victims were posted on leak sites during the first quarter of 2024, despite the disruption of two major ransomware groups, LockBit and ALPHV/BlackCat, which accounted for 22% and 8% of the activity, respectively.

The number of active ransomware groups more than doubled year-over-year, increasing 55% from 29 distinct groups in Q1 2023 to 45 distinct groups in Q1 2024.

The alliance between ransomware groups and initial access brokers is still the powerful engine for cybercriminal industry, as evidenced by the 74% year-on-year increase in the number of companies that had their data uploaded on dedicated leak sites.

Companies based in North America most commonly appeared in the DLS posts of ransomware groups, accounting for 2,487 of the annual total, and more than double the corresponding figure in 2022.

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.

News URL

https://www.helpnetsecurity.com/2024/05/15/ransomware-statistics-2024/