#RansomwareReport

The Drop in Ransomware Attacks in 2024 and What it Means

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April 8, 2024 at 07:33AM In 2023, ransomware attacks increased by 55.5%, totaling 5,070 victims. However, Q1 2024 saw a 22% decrease compared to Q4 2023. Law enforcement’s actions against LockBit and ALPHV, as well as the decrease in ransom payments, could be contributing factors. Despite the decrease, new ransomware groups emerged in Q1 2024. … Read more

2023 Ransomware Attacks Up More Than 95% Over 2022, According to Corvus Insurance Q3 Report

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October 24, 2023 at 05:02PM Corvus Insurance has released their Q3 2023 Global Ransomware Report, showing that ransomware attacks are increasing at a record-breaking pace. The report reveals that global ransomware attack frequency has increased by 11% compared to Q2 and 95% year-over-year. The CL0P ransomware group has played a significant role in this spike, … Read more