Ransomware attacks are down in the third quarter

The period from July to September this year has seen 27 ransomware variants used to conduct 455 attacks according to cybercrime intelligence company Intel 471's Spot Reports and Breach Alerts. This represents a decrease of 38 attacks from the second quarter of 2022 and 134 from the first quarter of 2022. The most prevalent ransomware strain this quarter was LockBit 3.0, which was responsible for 42.2 percent of all reported incidents. This was followed by Black Basta at 11 percent, Hive at 9.23 percent and ALPHV at 6.6 percent. Other reported variants each accounted for 4.62 percent or less of… [Continue Reading]