The Drop in Ransomware Attacks in 2024 and What it Means
ID: f1fa65f1-adc3-5fa4-b214-bf5468f2b7cb
STIX ID: report--f1fa65f1-adc3-5fa4-b214-bf5468f2b7cb
Feed Name: The Hacker News
Threat Score
Executive summary: The report reviews ransomware trends from Q4 2023 to Q1 2024, noting a 22% drop in reported ransomware incidents in Q1 2024 and attributing the decline mainly to law enforcement interventions (notably Operation Cronos targeting LockBit and the FBI disruption of ALPHV/BlackCat), a sharp reduction in victim ransom payments and payment amounts, while warning that several new ransomware groups emerged and could regain activity.
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