this post was submitted on 23 Apr 2024
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Cybersecurity

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The GRIT Q1 2024 Ransomware Report highlights a nearly 20% annual increase in ransomware victims and significant shifts in Ransomware-as-a-Service (RaaS) group activities, partly in response to law enforcement actions. Groups like Alphv and LockBit have altered their operations, with smaller RaaS entities now seeking to recruit affiliates from disrupted organizations. Despite setbacks, LockBit remains the most active RaaS group, and the U.S. has become the most targeted country for ransomware. The report anticipates more indiscriminate attacks and the potential rise of new dominant groups, drawing on data from public sources and expert threat analysis.

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