Ransomware Remains a ‘Brutal’ Threat in 2024

This report aggregates mid-2024 ransomware intelligence: it documents several high-impact incidents (multi-billion-dollar and multi-million-dollar response costs and ransom payments), industry reports showing rising prevalence and recovery costs in critical infrastructure and healthcare, widespread data exfiltration (reported at ~93%), shifts among ransomware groups and variants (LockBit, RansomHub, BlackBasta, Play, Medusa), and continued supply-chain and credential-based initial access risks — concluding ransomware remains a severe, evolving threat.