Summary: In 2024, the surge of ransomware attacks led to significant financial losses for organizations, with more than 75 active groups targeting victims. Despite increased law enforcement actions against high-profile groups, the ransomware landscape continued to thrive, with many organizations suffering successful attacks. Effective incident response and business continuity planning emerged as critical measures to mitigate the impact of these cyber threats.
Affected: Organizations and businesses globally
Keypoints :
- Over 75 ransomware groups were active, up from 43 in 2023, with significant attacks reported daily.
- More than half of organizations experienced successful ransomware attacks, leading to operational shutdowns and revenue loss.
- Despite law enforcement crackdowns, new criminal groups and services continuously emerge, exacerbating the ransomware crisis.
- Paying ransoms often does not resolve issues, with many companies not receiving decryption keys or facing repeated demands for payment.
- Early detection and effective backup solutions are key to minimizing disruptions from cyberattacks.
Source: https://www.darkreading.com/endpoint-security/ransomware-weathered-raids-profited-2024