They’re Baaaack: Ransomware Attacks Back on the Rise
Protect your business from a data leak with Microsoft Edge After a few years of declines, ransomware attacks came back with a vengeance in 2023 according to a new report. Here’s what we know about the resurgence, why it’s happening, and what you can do to protect yourself and your business. What We Know About a Very Bad Year The 2024 report from NCC Group reveals a troublesome spike in ransomware attacks, up 84% from the previous year. The total number of global ransomware attacks captured in the report jumped by more than 2,000 cases from 2022 to 2023: 2022: an estimated 2,531 new attacks 2023: an estimated 4,667 new attacks NCC points out that several new ransomware groups entered the “market” in 2023. While LockBit, a well-known ransomware group, still led the pack, new attackers notched a sizeable number of successful attacks. Industrial companies were the hardest hit, followed by consumer cyclicals (a category that includes automotive, entertainment, and retail). Technology compa...