Ransomware attacks continue to be extremely lucrative, with ransom demands and recovery costs bleeding victim organizations for millions of dollars. And things change fast in this space – RaaS groups rise and fall with law enforcement takedowns, or disband and reorganize under different brands, so it can all be a little confusing. Each quarter, the Halcyon team of ransomware experts put together a RaaS power rankings guide for the ransomware threat landscape
Ransomware poses an existential threat to organizations of all sizes in any vertical. Ransomware attacks continue to be extremely lucrative, with ransom demands and recovery costs bleeding victim organizations for millions of dollars.
Ransomware-as-a-Service (RaaS) and other operators are implementing novel evasion techniques into their payloads specifically designed to evade or completely circumvent traditional endpoint protection solutions.
More than 2,300 organizations succumbed to ransomware attacks in just the first half of 2023 according to the most recent data, with the vast majority carried out by only three ransomware operators: LockBit(35.3%), ALPHV/BlackCat (14.2%), and Cl0p (11.9%).
Overall, ransomware attacks were up 74% in Q2-2023 over Q1 volumes.
Over the course of 2022, 85% of companies were the victim of at least one ransomware attack, and 74% had experienced multiple attacks. Ransomware has fast become the greatest risk to organizations today.
Ransomware attacks continue to be extremely lucrative, with ransom demands and recovery costs bleeding victim organizations for millions of dollars.
Financially Motivated and Driven by Profits
Top-Down Corporate Organizational Structure
Partner Program to Expand Footprint
24/7 Online Customer Support
New Features and Bug Fixes Released Regularly
Leverages Modern Software Development Tools
The RRA (Recent Ransomware Attacks) site acts as a watchtower, providing near real-time ransomware tracking of attacks, groups and their victims. Given threat actors' overarching. lucrative success so far, ransomware attacks have become the most ubiquitous, and financially and informationally impactful cyber threat to businesses and organizations today.
Return on Investment (ROI) is one of the most important metrics in your business. Cybersecurity is no exception. Modern solutions, like Halcyon's multi-layered protection with endpoint resilience, saves you from new ransomware threats, while saving your bottom line too.
The Halcyon Anti-Ransomware Platform is the industry’s first dedicated, adaptive security purpose-built to stop ransomware. Halcyon is a lightweight agent, built by attackers to stop attackers, combining multiple proprietary advanced prevention engines along with AI models trained specifically on ransomware TTPs.