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Ransomware Attacks Reach Record-Breaking Levels In 2024 – BlackFog
- In 2024, BlackFog's State of Ransomware Report highlighted a significant increase in data exfiltration, accounting for 94% of all attacks.
- LockBit and RansomHub were the dominant ransomware variants, affecting a large number of victims in 2024.
- LockBit remained active, with May 2024 being particularly busy, while RansomHub emerged as a threat in February 2024.
- Various sectors, such as healthcare, government, and education, were heavily targeted by ransomware attacks.
- Ransom demands by financially motivated groups like Medusa exceeded $40 million, highlighting the financial impact of attacks.
- Data exfiltration reached an all-time high, with attackers increasingly combining encryption with data theft to demand ransoms.
- Ransomware incidents led to growing financial and reputational damage for organizations in high-value sectors.
- BlackFog emphasized the importance of proactive strategies to mitigate ransomware and data exfiltration in the evolving threat landscape.
- Retail, services, and finance sectors experienced significant rises in disclosed ransomware attacks in 2024.
- Critical Infrastructure, including energy companies, remained a key target for ransomware attacks.
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