Ransomware still the #1 cyber threat

A new report from Check Point Research shows that ransomware remains the top cyber threat, with RansomHub emerging as the fastest-growing group, operating through Ransomware-as-a-Service (RaaS). As of September 2024, RansomHub accounted for 19 percent of all ransomware victims published in shame sites, marking a shift in the cybercriminal landscape. Meanwhile, Lockbit, once dominant, has seen a significant decline, responsible for only five percent of new victims, many of which are recycled from previous attacks. 'RansomHub's rapid growth and advanced tactics like remote encryption are reshaping the ransomware landscape. It's crucial that organisations adopt AI-powered and proactive threat prevention to… [Continue Reading]