Known Ransomware Attack Volume Breaks Monthly Record, Again
< 1 min read
October 26, 2023 – Published on BankInfoSecurity
The volume of known ransomware attacks surged last month to record-breaking levels, security researchers report.
The surge in September ransomware activity followed many groups apparently taking the summer off, as is typical. Only 25 groups posted victims in August, compared to 36 in July and September, cybersecurity firm GuidePoint Security reported.
While counting how many ransomware victims get listed is one way of attempting to track this type of crime, caveats apply. Such an approach fails to count or account for:
- Non-listing groups: Not all ransomware groups run data-leak sites where they list victims to pressure them into paying;
- Victims who pay: Some victims – perhaps one-third – pay quickly, precisely to avoid getting listed by groups that do run leak sites;
- Incomplete listings: Ransomware groups with data leak sites rarely list every nonpaying victim;
- Outright lies: Ransomware groups sometimes lie by inflating their victim count to seem more fierce, and sometimes they make mistakes.
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