Ransomware groups continue to increase their operational tempo

October 26, 2023 – Published on HelpNetSecurity

Q3 of 2023 continued an ongoing surge in ransomware activity, according to GuidePoint Security.

GuidePoint Research and Intelligence Team (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.

“Q3 of 2023 marked the largest volume of public ransomware victims that GRIT has observed since we began tracking the ransomware ecosystem for the last 2 plus years,” said Drew Schmitt, Practice Lead, GRIT.

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