Skip to content

Q2 observed more ransomware events than Q1

July 20, 2023 – Published on Security Magazine

Ransomware and the threat landscape for Q2 was analyzed in a recent report by GuidePoint Security. In the second quarter, researchers tracked 1,177 total publicly posted ransomware victims claimed by 41 different threat groups.

The report shows a 38% increase in public ransomware victims compared to Q1 2023, and a startling 100% increase from Q2 2022. Manufacturing and technology, representing 14% and 11% of impacted industries respectively, continue to be the most impacted industries.

Researchers observed an increase in the activity of Ransomware-as-a-Service (RaaS) groups throughout the quarter, attributed to 14 new groups that began operations in Q2 2023. This represents a 260% increase in “First Seen” groups compared to Q1. LockBit’s commanding lead in the Ransomware as a Service (RaaS) economy can be observed across all five of the most impacted industries except Healthcare, where it faced competition from Bianlian and Karakurt.

Read More HERE.