"Ransomware Rising Despite Takedowns, Says Corvus Report"

According to Corvus Insurance, new ransomware gangs filled the void left by LockBit and ALPHV/BlackCat in the first quarter of 2024. The cyber insurance firm has published "Ransomware Groups Don't Die, They Multiply," which reveals that ransomware activity increased by 21 percent in the first quarter of 2024 compared to the same time in 2023. At 1,075, the number of recorded victims in the first quarter of 2024 is significantly higher than in the same period in 2023, at 699. This article continues to discuss key findings from Corvus Insurance's latest report on ransomware. 

Infosecurity Magazine reports "Ransomware Rising Despite Takedowns, Says Corvus Report"

Submitted by grigby1