"RaaS Proliferation: 14 New Ransomware Groups Target Organizations Worldwide"
The GuidePoint Research and Intelligence Team (GRIT) tracked a total of 1,177 publicly posted ransomware victims claimed by 41 different threat groups during the second quarter of 2023. The report by GRIT reveals a 38 percent increase in the number of public ransomware victims compared to Q1 2023, and a 100 percent increase from Q2 2022. Manufacturing and technology, accounting for 14 percent and 11 percent of impacted industries, respectively, continue to be the most affected industries, a trend observed by GRIT in 2022 and Q1 2023. The consulting (+236 percent) and insurance (+160 percent) industries experienced the greatest relative growth in observed ransomware attacks, whereas the government (-61 percent) and automotive (-59 percent) sectors experienced a relative decline. GRIT observed an increase in the activity of Ransomware-as-a-Service (RaaS) groups during Q2 2023, attributable to the launch of 14 new groups. Compared to Q1, this represents a 260 percent increase in "First Seen" groups. This article continues to discuss key findings from GRIT's Q2 2023 Ransomware Report.