Ransomware Rampage: Industrial Giants Under Siege While Cybercriminals Grow Bolder

Critical industrial organizations faced a barrage of ransomware attacks in July, with 34% of the 395 attacks targeting them. Experts suggest criminals are now more confident law enforcement won’t intervene.

Hot Take:

Looks like ransomware gangs have gone from playing peekaboo to full-on hide-and-seek with law enforcement, and they’re definitely not hiding behind any critical infrastructure this time!

Key Points:

  • Ransomware attacks on critical industrial organizations surged, making up 34% of attacks in July 2024.
  • Interconnectivity between operational technology and IT has expanded the attack surface.
  • Despite major takedowns of ransomware groups, other groups like Medusa and Qilin have stepped up their game.
  • Law enforcement has made a dent in the ransomware ecosystem, but the fight is far from over.
  • Infostealers continue to play a significant role in facilitating ransomware attacks.

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