Ransomware attacks up 30 percent driven by AI and RaaS

The latest threat report from Deep Instinct shows ransomware attacks increasing by 30 percent, driven by AI-powered phishing and Ransomware-as-a-Service offerings. The findings reveal that AI-generated phishing campaigns have grown in efficacy with advancements in reconnaissance and video and voice generation tools. The expansion of Ransomware-as-a-Service (RaaS) models meanwhile has amplified the scale and complexity of these attacks, with the healthcare and financial sectors bearing the brunt. The report illustrates how ransomware groups prioritize sectors that manage critical services and sensitive data, such as the healthcare industry, leveraging operational urgency to pressure victims into paying. 'This latest Threat Report reveals… [Continue Reading]