This Year Saw 64 Percent More Ransomware Attacks

By this point pretty much everyone knows that ransomware attacks are on the rise, but the exact percentage has remained somewhat of a mystery until now. The Barracuda Network has just released some very pertinent information that could prove to be useful in this regard, and the first thing that this report notes is that ransomware attacks have increased by 64% this year. This might be a result of the increased vulnerabilities occurring due to Covid and the like, and the truly sinister thing is that a lot of these attacks are targeting places like hospitals and the frequency with which attacks are occurring on critical infrastructure is increasing quite a bit as well.

With all of that having been said and now out of the way, it is important to note that about 57% of ransomware attacks were corporations that worked on things like infrastructure, financial services and travel. This is relevant due to the reason that the number was just around 18% last year, which means that the people behind these attacks are focusing more on corporations and industries that work in these sectors with all things having been considered and taken into account.

19% of these attacks were performed by REvil and 8% by Darkside, indicating that there is a concentration of attacks among a select few gangs that are responsible for a large portion of the ransomware that is currently out there. The average ransom that is being demanded has increased quite a bit as well, going up to $10 million on average with 30% of these attacks involving a ransom of over $30 million. This is something that will continue to cause a lot of damage if action is not taken, and the increase that has been seen this past year is something that will continue until and unless someone starts stepping up.
Threat Spotlight: Ransomware trends
Threat Spotlight: Ransomware trends
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