Menu

  • Alerts
  • Incidents
  • News
  • APTs
  • Cyber Decoded
  • Cyber Hygiene
  • Cyber Review
  • Cyber Tips
  • Definitions
  • Malware
  • Threat Actors
  • Tutorials

Useful Tools

  • Password generator
  • Report an incident
  • Report to authorities
No Result
View All Result
CTF Hack Havoc
CyberMaterial
  • Education
    • Cyber Decoded
    • Definitions
  • Information
    • Alerts
    • Incidents
    • News
  • Insights
    • Cyber Hygiene
    • Cyber Review
    • Tips
    • Tutorials
  • Support
    • Contact Us
    • Report an incident
  • About
    • About Us
    • Advertise with us
Get Help
Hall of Hacks
  • Education
    • Cyber Decoded
    • Definitions
  • Information
    • Alerts
    • Incidents
    • News
  • Insights
    • Cyber Hygiene
    • Cyber Review
    • Tips
    • Tutorials
  • Support
    • Contact Us
    • Report an incident
  • About
    • About Us
    • Advertise with us
Get Help
No Result
View All Result
Hall of Hacks
CyberMaterial
No Result
View All Result
Home News

Ransomware Surge per Q2 2023 Report

July 26, 2023
Reading Time: 2 mins read
in News

 

In Q2 2023, the cyber threat landscape witnessed a concerning surge in ransomware attacks, according to the ransomware report published by GuidePoint Research and Intelligence Team (GRIT). The report revealed shocking statistics, with a significant 38% rise in publicly reported ransomware victims compared to the previous quarter and a staggering 100% increase compared to the same period last year.

Manufacturing and technology sectors remained the hardest hit, accounting for 14% and 11% of impacted industries, respectively, continuing a trend observed since 2022 and Q1 2023. The consulting industry experienced a concerning relative growth of 236% in observed ransomware attacks, followed closely by the insurance industry with a relative growth of 160%.

The report also highlighted a surge in Ransomware-as-a-Service (RaaS) activity during the quarter, attributed to the emergence of 14 new groups, representing a substantial 260% increase in “First Seen” groups compared to Q1. LockBit held a dominant position across all five most impacted industries, except for healthcare, where it faced competition from BianLian and Karakurt.

These statistics underscore the escalating threat of ransomware, affecting individuals, organizations, and governments worldwide. The researchers emphasized that the reduced barriers to entry facilitated by crimeware-as-a-service and RaaS economies are likely to attract more malicious actors in the future, posing challenges for defenders, especially smaller or less-resourced organizations exposed to heightened risks due to the surge in threats.

The ever-changing ransomware landscape involves various elements, including recycled ransomware, crimeware, and a focus on data extortion, among other tactics. The report stresses the critical role of information sharing among the security community and law enforcement in identifying and thwarting the impact of ransomware groups. The efforts to enhance threat intelligence sharing through public and private collaborations are highlighted as a top priority for organizations to combat the persistent and menacing ransomware adversary effectively.

As ransomware attacks continue to evolve and proliferate, it remains crucial for defenders to be well-prepared and well-resourced to effectively deal with historical malware and ransomware, while also investing in measures to stay ahead of the escalating volume of threats in the cyber landscape.

Reference:
  • GRIT Ransomware Report-2023-Q2

Tags: Cyber NewsCyber News 2023CyberattackCybersecurityGRITGuidePointJuly 2023RansomwareRansomware Attack
ADVERTISEMENT

Related Posts

SAP S4hana Exploited Vulnerability

US Allies Push For Sboms In Security

September 5, 2025
SAP S4hana Exploited Vulnerability

Reward For Russian FSB Hackers

September 5, 2025
SAP S4hana Exploited Vulnerability

US Sues Robot Toy Maker Over Data

September 5, 2025
Google Fined For Cookie Violations

Google Fined For Cookie Violations

September 4, 2025
Google Fined For Cookie Violations

Youtube Cracks Down On Password Sharing

September 4, 2025
Google Fined For Cookie Violations

Moscow Hires Hackers Behind School Breach

September 4, 2025

Latest Alerts

SAP S4hana Exploited Vulnerability

Virustotal Finds Undetected SVG Files

Russian APT28 Deploys Outlook Backdoor

CISA Flags TP Link Router Flaws

Lazarus Hackers Exploit ZeroDay, Deploy Rats

Google Patches 120 Flaws In Android

Subscribe to our newsletter

    Latest Incidents

    North Korean Hackers Fake Interviews

    Bridgestone Confirms Cyberattack

    Cybersecurity Firms Hit By Breach

    Salesloft Drift Attacks Hits Vendors

    Jaguar Land Rover Hit By Cyber Incident

    Hackers Use Grok Ai To Spread Malware

    CyberMaterial Logo
    • About Us
    • Contact Us
    • Jobs
    • Legal and Privacy Policy
    • Site Map

    © 2025 | CyberMaterial | All rights reserved

    Welcome Back!

    Login to your account below

    Forgotten Password?

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In

    Add New Playlist

    No Result
    View All Result
    • Alerts
    • Incidents
    • News
    • Cyber Decoded
    • Cyber Hygiene
    • Cyber Review
    • Definitions
    • Malware
    • Cyber Tips
    • Tutorials
    • Advanced Persistent Threats
    • Threat Actors
    • Report an incident
    • Password Generator
    • About Us
    • Contact Us
    • Advertise with us

    Copyright © 2025 CyberMaterial