Number of ransomware victims increases 102 percent

Ransomware attacks reached a historic high in the first quarter of this year, with 2,063 victims reported, a 102 percent increase compared to the previous year. The report from GuidePoint Security also records a record high number of active threat groups, with 70 identified in Q1, reflecting a 55.5 percent year-on-year rise. 'This record-breaking quarter was no coincidence,' says Grayson North, principal security consultant of the GuidePoint Research and Intelligence Team (GRIT). 'We're tracking more active ransomware and extortion groups than ever before, with a noticeable rise in high-volume attacks from emerging players formed out of disrupted gangs, like LockBit… [Continue Reading]