Known ransomware attacks up 68% in 2023

Today, Malwarebytes released its 2024 State of Malware report, detailing six cyberthreats that resource-constrained IT teams should pay attention to in 2024.

Top of the list is “Big Game” ransomware, the most serious cyberthreat to businesses all around the world. Big game attacks extort vast ransoms from organizations by holding their data hostage—either with encryption, the threat of damaging data leaks, or both. The report reveals that, awash with money, the number of known Big Game attacks surged by 68% in 2023, thanks to Ransomware-as-a-Service groups like LockBit and ALPHV.

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Source: Malwarebytes Labs