"Ransomware Crisis Deepens as Attacks and Payouts Rise"
"Ransomware Crisis Deepens as Attacks and Payouts Rise"
According to Corvus Insurance, new ransomware groups such as "PLAY," "Medusa," "RansomHub," "INC Ransom," "BlackSuit," and others led a series of attacks in the second quarter that surpassed the first quarter of this year by 16 percent and the second quarter of 2023 by 8 percent. These new threat actors emerged after the international law enforcement takedown of "LockBit" and "BlackCat." This article continues to discuss the rise in ransomware attacks and payouts.