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 Predicted in 2024

January 31, 2024
Reading Time: 4 mins read
in News

The ransomware threat is expected to grow in 2024, according to a survey report by Delinea based on responses from more than 300 US IT and security decision-makers. The report compares results from 2023 with the previous year, revealing a concerning escalation in various aspects of ransomware attacks.

Notably, criminals are now more focused on data extraction rather than encryption payloads, indicating a shift in their tactics. Despite the subjectivity inherent in survey analysis, the report suggests that the ransomware threat is evolving, with 2023 experiencing over twice the number of victims compared to 2022.

The success of ransomware as a criminal business plan is highlighted by an increase in the number of victims paying the ransom, rising from 68% to 76%. The report also raises questions about the impact of cyberinsurance on ransomware delivery and response. Some believe that attackers specifically target victims with cyberinsurance, with the report noting, “One reason for the willingness to pay may be the rise of cyberinsurance.” The financial safety net provided by insurance influences the decision-making process, making it easier for victims to opt for ransom payment.

Delinea’s analysis also sheds light on the motivations behind ransomware attacks. Data exfiltration has increased from 46% to 64%, reflecting a more refined approach by criminals. The survey indicates a decrease in simple ‘money grab’ motivations from 69% to 34%, while other motives such as supply chain attacks, creating chaos, geopolitics, and activism have seen increases. Overall, the State of Ransomware 2024 report from Delinea suggests that the ransomware landscape closely mirrors the broader cybersecurity ecosystem, indicating a worsening situation fueled by both cybercriminal groups and nation-state actors.

Reference:
  • The Ransomware Threat in 2024 is Growing: Report
Tags: Cyber NewsCyber News 2024CybercriminalCybersecurityFederalJanuary 2024Ransomware
ADVERTISEMENT

Related Posts

Banking Groups Urge SEC To Repeal Cyber Rule

Banking Groups Urge SEC To Repeal Cyber Rule

May 27, 2025
Banking Groups Urge SEC To Repeal Cyber Rule

Microsoft Launched Regional Cyber Initiative

May 27, 2025
Banking Groups Urge SEC To Repeal Cyber Rule

Red Hat announced a new collaboration with AMD

May 27, 2025
NIST Launches New Metric to Track

OpenAI Finds Zero-Day Vulnerability

May 26, 2025
NIST Launches New Metric to Track

Russian hacker indicted for Qakbot attacks

May 26, 2025
NIST Launches New Metric to Track

NIST Launches New Metric to Track

May 26, 2025

Latest Alerts

FBI Warns Luna Moth Targets US Law Firms

Winos 4.0 Malware Spread Via Fake Installers

GhostSpy Android Malware Full Device Control

D-Link Routers Exposed by Weak Credentials

TA-ShadowCricke Unmasked via Backdoors

Killnet Resurfaces with New Identity

Subscribe to our newsletter

    Latest Incidents

    Everest Ransomware Leaks Coke Staff Data

    Adidas Data Breach Exposes Customer Contacts

    Semiconductor Firm AXT Hit by Data Breach

    Hackers Steal $700K from Philly School District Accounts

    Chinese hackers hit US utilities via flaw

    Naukri Fixes Bug That Exposed Recruiter Email Addresses

    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