Ransomware attacks are on the rise, with 2023 seeing record ransom payments of $1.1 billion.
🗒 Key trends include the focus on "big-game hunting," where fewer but more impactful attacks target large organizations.
🗒 The emergence of Ransomware-as-a-Service (RaaS) has lowered entry barriers for cybercriminals, increasing the number of ransomware gangs.
🗒 AI is also playing a larger role, making attacks more sophisticated.
🗒 With no targets off-limits, including critical sectors like healthcare, businesses must prioritize robust, layered cybersecurity measures.
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Ransomware trends to prepare for in 2024