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GuidePoint Security Study Shows 38% Spike in Public Ransomware Victims

July 24, 2023 – Published on MSSP Alert

GuidePoint Security’s Research and Intelligence Team’s (GRIT) Ransomware Report for the second quarter (Q2) 2023 shows a 38% increase in public ransomware victims as compared to first quarter (Q1) of 2023, as well as a 100% increase from the same period in 2022.

The report is based on data obtained from publicly available resources, including threat groups themselves, and insight into the ransomware threat landscape.

In Q2 2023, GRIT tracked 1,177 total publicly posted ransomware victims claimed by 41 different threat groups. By comparison, in the prior quarter, the researchers tracked 849 total publicly posted ransomware victims claimed by 29 different threat groups.

Manufacturing and technology, representing 14% and 11% of impacted industries, respectively, were the most impacted industries, continuing a trend GRIT found in 2022 and Q1 of 2023. Consulting (+236%) and insurance (+160%) industries experienced the greatest relative growth in observed ransomware attacks. By contrast, governments (-61%) and automotive (-59%) showed a substantial decline.

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