U.S., U.K., and Germany Rank Top in Ransomware Attacks
What happened: A recent report by Black Kite analyzed 2,708 ransomware victims from April 2022 to March 2023, revealing a significant resurgence in ransomware attacks. The number of victims in March was nearly double that of last April and 1.6 times higher than the peak month in 2022. New ransomware gangs such as Royal, BianLian, and Play emerged, while established players like Lockbit and Clop executed mass-ransomware attacks. Top targeted industries were manufacturing, professional services, and education. The United States was the most targeted country, followed by the UK and Germany.
Why it matters: The report emphasizes the persistent and evolving threat of ransomware attacks on organizations worldwide. Companies need to implement robust security measures and ensure employee training, data protection, and regulatory compliance to mitigate the risk of ransomware attacks and their impact on business operations and critical infrastructure.