"LockBit Most Prominent Ransomware Actor in May 2024"

According to security researchers at the NCC Group, the notorious LockBit group has reemerged to become the most prominent ransomware actor in May 2024.  The researchers noted that LockBit 3.0 returned to the fold in May to launch 176 ransomware attacks, 37% of the total number for the month.  This represents an enormous 665% month-on-month increase for the ransomware-as-a-service (RaaS) gang.  LockBit’s activity in May was higher than the next most prominent groups: Play, which was responsible for 32 attacks (7%), and RansomHub with 22 attacks (5%).  The researchers also found that industrials was the sector most targeted by ransomware actors, making up 30% of attacks.  The 143 attacks targeting this industry was significantly higher than in April, when industrials faced 116 attacks.  The second most targeted industry in May was technology, which also saw a significant increase in attacks month-on-month, from 49 to 72, a 47% rise.

Infosecurity Magazine reports: "LockBit Most Prominent Ransomware Actor in May 2024"