18 Ransomware 5 Key Findings 1 Tips 7 Stolen Access Credentials 6 Vulnerability Intelligence 4 Blurring Boundaries 3 Threat Snapshot 2 Ransomware The prevalence of cybercriminals in the past year, which, according to our analysis, were responsible for 49% of cyberattacks in 2024, is consistent with the high volume of ransomware attacks in 2024. The ransomware threat has been the leading type of attack in the cybercrime arena for the past several years and is considered one of the top threats faced by organizations of all sectors, geographical locations and sizes. The threat posed by ransomware is double: the encryption of data on victims’ machines interrupts organizations’ operations, and data exfiltration and extortion leads to the exposure of sensitive data, while also causing reputational damage and financial loss (either due to the payment of ransom or due to fines the companies are required to pay by authorities for failing to adhere to data protection regulations). During 2024, ransomware gangs claimed responsibility for targeting 6,133 victims according to dark web data leak and extortion websites. This represents an increase of 14% in the number of claimed victims in comparison with 2023 (when ransomware gangs claimed a total of 5337 victims). Ransomware 5 292 407 424 738 595 420 433 489 406 547 689 684 January February March May July September November April June August October December Distribution of 2024 Ransomware Attacks by Month 18