Wendy McCague’s Post

LockBit, BlackCat, Play, Medusa... We all know the big names in the ransomware landscape but what about the new groups that are continuously emerging? Recently we have seen a significant number of new ransomware groups burst on to the scene, claiming victims of all sizes, some even making waves with big name targets. Rhysida, Hunters and 8Base were among the many new variants which made the headlines in 2023. This year, we've decided to keep an eye on these newcomers and the organizations they are targeting to better understand their tactics, victims and their motivations. Keep an eye on this blog as we continue to update it throughout the year! Find out more about the ransomware groups who have emerged in 2024: https://lnkd.in/eUWCyNwk #ransomware #newransomware #cybercriminals #cybercrime #cyberthreat #cyberattack #dataexfiltration #dataextortion #datatheft #ADX #cyberblog

The Drop in Ransomware Attacks in 2024 and What it Means. The ransomware industry surged in 2023 as it saw an alarming 55.5% increase in victims worldwide, reaching a staggering 5,070. But 2024 is starting off showing a very different picture. While the numbers skyrocketed in Q4 2023 with 1309 cases, in Q1 2024, the ransomware industry was down to 1,048 cases. This is a 22% decrease in ransomware attacks compared to Q4 2023. Figure http://ow.ly/QJf3105oP2s #InceptusSecure #UnderOurProtection

The Drop in Ransomware Attacks in 2024 and What it Means. The ransomware industry surged in 2023 as it saw an alarming 55.5% increase in victims worldwide, reaching a staggering 5,070. But 2024 is starting off showing a very different picture. While the numbers skyrocketed in Q4 2023 with 1309 cases, in Q1 2024, the ransomware industry was down to 1,048 cases. This is a 22% decrease in ransomware attacks compared to Q4 2023. Figure http://ow.ly/QJf3105oP2s #InceptusSecure #UnderOurProtection

Ransomware attacks during the first six months of 2024 have exceeded 2,500, with average monthly postings to leak sites reaching 40, compared with 24 during the same period last year. #ransomware #ittrends https://lnkd.in/ginHHc2a

BianLian Ransomware Group Adopts New Tactics, Posing Significant RiskThe BianLian ransomware group has shifted exclusively to exfiltration-based extortion and is deploying multiple new TTPs for initial access and persistencehttps://lnkd.in/dzUgy5WM

‘However, the existing metrics do not capture the effectiveness of its disruptive activities against malicious actors because they did not account for DOJ’s shift from arrests and indictments … towards DOJ actions to disrupt both ransomware actors and the broader cybercriminal ecosystem. ‘United States Attorney’s Offices differed in their awareness and implementation of the DOJ’s deconfliction policy for cyber threats … ‘However, in 2022 Congress established a new, multi-agency Joint Ransomware Task Force to coordinate whole-of-government responses to ransomware threats. We found that the creation of the Joint Ransomware Task Force impacted the role of the [FBI’s] Criminal Mission Center, leaving its ransomware role not well defined’. METRICS + CHAINS OF COMMAND https://lnkd.in/gnMxQ3Ht

Cyber scoop What more can be done to stop ransomware attacks? : A panel of experts debated at the 2024 mWISE conference what more could be done in the wake of police action and tens of millions in ransom payments over the past year.  The post What more can be done to stop ransomware attacks?  appeared first on CyberScoop. Check it out!

The Drop in Ransomware Attacks in 2024 and What it Means https://ift.tt/XtjrNQB The ransomware industry surged in 2023 as it saw an alarming 55.5% increase in victims worldwide, reaching a staggering 5,070. But 2024 is starting off showing a very different picture. While the numbers skyrocketed in Q4 2023 with 1309 cases, in Q1 2024, the ransomware industry was down to 1,048 cases. This is a 22% decrease in ransomware attacks compared to Q4 2023. Figure via The Hacker News https://ift.tt/WlZyeIK April 08, 2024 at 06:23AM

There are ways to best prepare for Ransomware attacks and unfortunately, most focus on prevention tools which logically makes sense, but attacks get round them still. Equal, if not, "more" focus needs to be on data recovery methods to ensure essential services can be restored as quickly as possible to minimise impact to your business and customers, in the event of compromise. We have a couple of ways we help our customers be best prepared, so feel free to reach out. https://lnkd.in/epRFyaqB #ransomware #ransomwareattacks #cyberattacks #cyberresilience #lockbit

Ransomware attacks are on the rise, and cybercriminals' tactics are becoming more aggressive. This article from Sophos exposes the pressure tactics ransomware gangs are using to extort victims. Understanding these methods is crucial for building effective defenses.