2024 Was a Record-Breaking Year For Ransomware

NCC Group's 2024 threat monitor reports a record year for ransomware with 5,263 incidents observed, naming LockBit and RansomHub among the most active actors and noting the industrial sector as the most-targeted (27%). The report warns of continued growth into 2025 as RaaS ecosystems and AI tools increase attacker efficiency, and it recommends mitigations such as phishing awareness training and network segmentation to reduce impact.