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.
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