The surge in Ransomware-as-a-Service affiliates is likely the reason behind the dramatic increase in the number of victimized organizations, with all indicators suggesting that this trend will persist into 2024.
I love it when vendors put out a yearly summary, and do it in the first month of the next year! The data is relevant and helps paint a picture of what the industry should expect in the near future.
In Cyberint’s 2023 Ransomware Recap report, we find that ransomware had quite the year. The number of victim organizations jumped by 55% - from 2903 victims in 2022 to 4368 victims in 2023. Lockbit being the leading ransomware group (that works as a service) points to a growing number of affiliates who are improving their craft.
Over 25% of the successful attacks last year targeted the Business Services industry. And just under half (49.8%) of victim organizations were in the United States.
According to the report, Cyberint predicts that “ransomware groups will climb to new heights in 2024, targeting supply infrastructures while sticking to old habits by applying phishing, leaked credentials, and social engineering techniques.”
That prediction should put an emphasis squarely on users to constantly be vigilant against attacks seeking to obtain credentials or install software. New-school security awareness training helps to address the human risk within the organization – a risk that Cyberint’s prediction makes clear.
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