Companies take an average of four months to report a ransomware attack
A new study from Comparitech, based on data collected from 2,600 attacks between 2018 and 2023, shows the average time for a US company to report a data breach following a ransomware attack is 4.1 months.
From 2018 to 2023, the average time to report a ransomware breach has increased, rising from 2.1 months in 2018 to just over five months in 2023. Healthcare has the lowest reporting time with 3.7 months, while businesses (4.2 months) and government entities (4.1 months) are similar.
Number of active dark web ransomware groups up 38 percent in 2024
A total of 94 ransomware groups listed victims in 2024 (a 38 percent increase on 2023) with 49 new groups observed, according to a new report, reflecting further complexity in the ransomware landscape.
The study from Searchlight Cyber also finds an 11 percent increase in the number of total victims posted on ransomware leak sites in 2024 (5,728) compared to 2023 (5,081).
Ransomware victims increased by 26 percent in 2024
Nearly 5,300 ransomware victims were reported last year, a 26 percent increase from the previous year, according to new analysis.
The Cybernews team looked at data from the Ransomlooker tool, which monitors the dark web and other hidden areas of the internet, and found that the number active ransomware gangs also grew over the previous year.
Ransomware still the #1 cyber threat
A new report from Check Point Research shows that ransomware remains the top cyber threat, with RansomHub emerging as the fastest-growing group, operating through Ransomware-as-a-Service (RaaS).
As of September 2024, RansomHub accounted for 19 percent of all ransomware victims published in shame sites, marking a shift in the cybercriminal landscape. Meanwhile, Lockbit, once dominant, has seen a significant decline, responsible for only five percent of new victims, many of which are recycled from previous attacks.
Number of active ransomware groups increases over 50 percent
A new report from dark web intelligence specialist Searchlight Cyber shows a 56 percent increase in the number of active ransomware groups this year compared to the first half of 2023, reflecting a diversification of the ransomware landscape.
LockBit has retained its top position despite the disruption caused by Operation Cronos, though its number of listed victims has fallen compared to H1 2023.
Vulnerabilities rise in first half of 2024
So far this year, vulnerabilities have risen by 11 percent and the availability of publicly known exploits has increased by six percent.
The latest Cyber Threat Intelligence Index from Flashpoint reveals 17,518 newly disclosed vulnerabilities in the first half of the year. Also, over 45 percent of all vulnerabilities disclosed in H1 2024 are rated high to critical in CVSSv3.
Number of ransomware victims up 20 percent in first quarter of 2024
A new report shows a 20 percent year-on-year increase in the number of ransomware victims, along with major shifts in the behavioral patterns of ransomware groups.
The Q1 2024 ransomware report, from the GuidePoint Security Research and Intelligence Team (GRIT), finds the number of active ransomware groups more than doubled, increasing 55 percent from 29 distinct groups in Q1 2023 to 45 distinct groups in Q1 2024.
Ransomware declined in January -- but don't celebrate just yet
The latest ransomware report from GuidePoint Security shows a decline in activity in January compared to the final quarter of last year, with a drop in the total number of posted victims by 33 percent and 60 percent relative to December and November 2023.
However, this is consistent with the trends of January of 2022 and 2023, both of which also followed heightened Q4 activity from the previous year.
How ransomware has changed and the groups to watch out for in 2024
Web intelligence company Searchlight Cyber has released a new report on the ransomware landscape of the dark web, highlighting changing tactics and the groups that security teams need to look out for in 2024.
LockBit, BlackCat (also known as ALPHV or Noberus), and Cl0p were the most prolific ransomware groups of 2023 by the number of victims claimed on their dark web leak sites. However, a major finding of the report is that these groups' share of overall ransomware victims has actually decreased as the number of operators has grown.
Number of ransomware victims increases by 25 percent
A new report based on publicly available resources finds a 25 percent increase in ransomware victims from Q4 2022 and a 27 percent increase compared to Q1 of the same year.
The study from GuidePoint Security's Research and Intelligence Team (GRIT) tracked 849 total publicly posted ransomware victims claimed by 29 different threat groups in the first quarter of this year.
Critical infrastructure organizations the target of more than half of ransomware attacks
Critical infrastructure organizations accounted for 51 percent of ransomware victims in 2022, with construction being the most targeted sector overall.
Analysis by the KrakenLabs team at Outpost24 has identified 2,363 victims disclosed by various ransomware groups on Data Leak Sites (DLS) in 2022, with an estimated $450 million paid in ransom by victims.
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