During the second quarter, new ransomware groups, including PLAY, Medusa, RansomHub, INC Ransom, BlackSuit, and some additional lesser-known factions, led a series of attacks that eclipsed the first quarter of this year by 16% and the second quarter of 2023 by 8%, according to Corvus Insurance. These new threat actors emerged following the international law enforcement’s takedown of LockBit and BlackCat. Ransomware: Most frequently targeted industries (Source: Corvus Insurance) Ransomware demands and payouts Based on … More →

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