Many affected organizations reported ransom demands exceeding $2 million, with threat actors specifically targeting companies with cyber insurance policies, suggesting increased reconnaissance efforts prior to attacks. Ransomware attacks surged dramatically in the first quarter of 2025, with a 126% increase compared to the same period in 2024, according to a newly released global cyber attack report. Check Point researchers identified this alarming trend as part of a broader surge in cyber attacks, with organizations experiencing an average of 1,925 weekly attacks, marking a 47% increase year-over-year. The Asia-Pacific region, Latin America, and Africa followed with 10%, 6%, and 1% of attacks respectively, highlighting the global yet uneven nature of this cyber threat. The surge in attacks against consumer goods and services companies stems largely from their complex digital ecosystems and extensive customer data repositories, making them lucrative targets. Cyber Security News is a Dedicated News Platform For Cyber News, Cyber Attack News, Hacking News & Vulnerability Analysis. With years of experience under his belt in Cyber Security, he is covering Cyber Security News, technology and other news. Their analysis suggests that ransomware operators have refined their tactics, particularly employing double-extortion techniques that not only encrypt victims’ data but also threaten to publish sensitive information if ransom demands are not met. The region accounted for 62% of all documented ransomware incidents, while Europe represented 21% of global attacks. The primary infection vector observed in consumer goods and services companies involves sophisticated phishing campaigns tailored to target supply chain vulnerabilities. These attacks typically begin with specially crafted emails containing malicious attachments or links that, when opened, establish an initial foothold in the victim’s network. Tushar is a Cyber security content editor with a passion for creating captivating and informative content.
This Cyber News was published on cybersecuritynews.com. Publication date: Thu, 17 Apr 2025 18:55:11 +0000