Summary: Ransomware groups are evolving their tactics by focusing on targeting weak credentials rather than exploiting vulnerabilities, as highlighted in Travelers’ latest Cyber Threat Report. There was a noted surge in ransomware activity, particularly in Q4 2024, with a record number of victims. The report emphasizes the effectiveness of basic attack techniques, urging businesses to implement stronger security measures like multifactor authentication (MFA).
Affected: Organizations at risk of ransomware attacks
Keypoints :
- Ransomware tactics have transitioned to targeting weak credentials on VPNs and gateways.
- In Q4 2024, 1663 new victims were reported, marking a 32% increase from Q3 2024.
- There was a 67% rise in new ransomware groups formed in 2024, indicating an influx of smaller actors in the ecosystem.
Source: https://www.infosecurity-magazine.com/news/ransomware-repeatable-access/