GuidePoint Research and Intelligence Team’s (GRIT) 2023 Q3 Ransomware Report Is Out
October 19, 2023 – Published on The IT Nerd
GuidePoint Security, a cybersecurity solutions leader enabling organizations to make smarter decisions and minimize risk, today announced the release of GuidePoint Research and Intelligence Team’s (GRIT) Q3 2023 Ransomware Report. This report is based on data obtained from publicly available resources, including threat groups themselves, and insight into the ransomware threat landscape. GRIT observed a nearly 15% increase in ransomware activity since Q2 due to an increased number of ransomware groups, including 10 new Emerging groups tracked during this quarter. In the third quarter, GRIT tracked 1,353 publicly posted ransomware victims claimed by 46 different threat groups. Through the first three quarters of 2023, GRIT has tracked a total of 3,385 publicly posted ransomware victims claimed by 57 different threat groups, representing an 83% YoY increase.
GRIT’s latest Ransomware Quarterly Report examines the large-scale ransomware attacks against MGM Resorts and Caesars Entertainment, highlighting possible seasonal targeting of the Entertainment, Hospitality, and Tourism (EHT) industry. Other notable Q3 ransomware events included the end of Clop’s MOVEit campaign, LockBit’s return to a high operational tempo, and Bianlian’s sustained capabilities despite moving to an exfiltration-only model, all of which have contributed to this quarter’s rise in ransomware activity.