The IT Nerd

GuidePoint Security has released the GuidePoint Research and Intelligence Team’s (GRIT) November 2023 Ransomware Report, analyzing ransomware by country, industry/threat actor trends, and notable events, including:

• November Ransomware Trends: Total observed victims increased by 32% and exceeded the calendar year 2023 average by only 16%, while the rolling average increased by only 6%, indicating a relatively consistent pace of operations since Q2.
• Threat Actor Trends: GRIT also observed a marginal decrease in active ransomware groups. However, this was influenced by the arrival and drop-off of several smaller emerging groups, and 82% of victims were attributed to ransomware groups that have operated for at least six months.
• Victims by Country: The US accounted for nearly half (48%) of last month’s victims; the Netherlands is in the top 10 again, accounting for 21% of its total victim count in 2023; Canada saw a decrease in victims, typically ranking in the top 3, but fell to #6; Germany saw a spike in attacks, returning to the top 5. 
• Increased Ransomware Impact: Nearly a quarter of 2023’s ransomware attacks against China took place in November, impacting energy, automotive, legal, and pharmaceutical industries, a departure from the most frequently affected manufacturing industry, further complicating this potential anomaly.
• Most Targeted Industries: Yet again, Manufacturing was the most targeted industry. Healthcare came in second, followed by Retail and Wholesale, Transportation, and Education to round out the top 5 most targeted sectors in November 2023.

You can read the report here.

This entry was posted on December 14, 2023 at 9:00 am and is filed under Commentary with tags GuidePoint. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.