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    Number of Ransomware Victim Organizations Nearly Doubles in March

    New data shows a resurgence in successful ransomware attacks with organizations in specific industries, countries and revenue bands being the target.

    While every organization should always operate under the premise that they may be a ransomware target on any given day, it’s always good to see industry trends to paint a picture of where cybercriminals are currently focusing their efforts. This gives organizations the ability to either shore up security measures today (if they’re a current target) or shore up security measures today anyways (so they’re ready for when they do become the target).

    In third-party risk vendor Black Kite’s 2023 Ransomware Threat Landscape Report, we see some interesting trends around successful ransomware attacks today:

    • March of this year saw 410 ransomware victim organizations – nearly double that of April of last year, with only 208
    • The U.S. dominated as the primary focus, with 1171 victim organizations representing 43% of the total victims reported, with the UK, Germany, France, Italy, and Spain combined making up around 20% of victim orgs
    • The largest group of victim organizations by revenue resided in the $50-60m range, with the next two groupings in the $40-50 million and $60-70 million ranges, respectively
    • Manufacturing topped the list of industries, with “Professional, Scientific, and Technical Services” coming in second, representing nearly 35% of all victim organizations
    4-7-23 Image

    Source: Black Kite

    In summary, it appears like cybercriminals are focused on mid-market, U.S.-based organizations that likely have a material amount of intellectual property and/or sensitive data.

    This, of course, doesn’t mean if you’re not in that specific demographic you’re off the hook; nothing could be further from the truth. The Black Kite data shows where the focus is today. But there’s always a new player looking for a niche victim demographic they can nestle themselves into, making it necessary to shore up all security – including your user’s vigilance against phishing and social engineering attacks via Security Awareness Training.


    Free Ransomware Simulator Tool

    Threat actors are constantly coming out with new strains to evade detection. Is your network effective in blocking all of them when employees fall for social engineering attacks?

    KnowBe4’s “RanSim” gives you a quick look at the effectiveness of your existing network protection. RanSim will simulate 22 ransomware infection scenarios and 1 cryptomining infection scenario and show you if a workstation is vulnerable.

    Here’s how it works:

    • 100% harmless simulation of real ransomware and cryptomining infections
    • Does not use any of your own files
    • Tests 23 types of infection scenarios
    • Just download the install and run it 
    • Results in a few minutes!

    PS: Don’t like to click on redirected buttons? Cut & Paste this link in your browser: https://info.knowbe4.com/ransomware-simulator-tool-partner?partnerid=001a000001lWEoJAAW

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