"Ransomware Groups Rebrand and Claim More Victims"

According to a new report from the GuidePoint Research and Intelligence Team (GRIT), ransomware activity increased from Q3 2022 to Q4 2022, with rebranded ransomware gangs significantly increasing the number of publicly claimed victims. No quarter of 2022 had less than 569 victims, with the biggest slowdown occurring in late June and early July, most likely due to the switch from Lockbit2 to Lockbit3 among threat actors. The cryptocurrency market's challenges could have also had an impact. On average, ransomware gangs were responsible for publicly sharing 6.87 victims each day to their respective leak sites throughout the year. GRIT tracked 54 groups implementing a double-extortion methodology as part of the report. Many of the groups were found to be using a Ransomware-as-a-Service (RaaS) model to boost productivity and maximize revenue. In every month in 2022, at least one new gang with double-extortion capabilities emerged. This article continues to discuss key findings from GRIT's report on ransomware attack trends in 2022. 

BetaNews reports "Ransomware Groups Rebrand and Claim More Victims"