Ransomware Rises Despite Law Enforcement Takedowns

Ransomware activity increased in 2023 compared to 2022, according to Google-owned Mandiant.
This is despite broadscale law enforcement operations against prominent ransomware groups, including ALPHV/BlackCat.
Mandiant shared ransomware research findings in a new report published on June 3, 2024.
The threat intelligence firm observed a 75% increase in posts on ransomware groups' data leak sites in 2023 compared to 2022.
In total, victims on DLS spanned more than 110 countries.
These observations are consistent with other reporting, including a Chainalysis report showing that over $1bn was paid to ransomware attackers in 2023 - a record.
Although two of the most established ransomware families, ALPHV/BlackCat and LockBit, were the most frequently observed in 2023, Mandiant also noticed an increased diversification of the ransomware landscape, with 50 new ransomware variants.
This is approximately the same number as in 2021 and 2022.
The proportion of new variants compared to families increased, with around one-third of new families observed in 2023 being variants of previously identified ransomware families.
Finally, Mandiant found that threat actors increased their reliance on remote management tools in ransomware operations.
These tools were used during approximately 41% of intrusions in 2023 compared to 23% of intrusions in 2022.


This Cyber News was published on www.infosecurity-magazine.com. Publication date: Wed, 26 Jun 2024 19:14:03 +0000


Cyber News related to Ransomware Rises Despite Law Enforcement Takedowns

10 Best Ransomware Protection Tools - 2025 - It protects devices from ransomware and other cyber threats using advanced threat intelligence, behavioral analysis, and cloud-based technology. It monitors and prevents ransomware assaults on personal files and automatically restores encrypted ...
3 months ago Cybersecuritynews.com
10 Best Ransomware File Decryptor Tools in 2025 - Kaspersky Rakhni Decryptor contains different decryption tools based on various versions of Rakhni ransomware and helps you decrypt encrypted files on your system. PyLocky Ransomware Decryption Tool is a free and open source developed and released by ...
2 months ago Cybersecuritynews.com
Law Firms and Legal Departments Get Singled Out For Cyberattacks - Cyberattackers are doubling down on their attacks against law firms and corporate legal departments, moving beyond their historical activity of hacking and leaking secrets to targeting the sector with financial attacks, such as ransomware and ...
1 year ago Darkreading.com LockBit
The law enforcement operations targeting cybercrime in 2023 - In 2023, we saw numerous law enforcement operations targeting cybercrime operations, including cryptocurrency scams, phishing attacks, credential theft, malware development, and ransomware attacks. While some of these operations were more successful ...
1 year ago Bleepingcomputer.com
The Top 5 Ransomware Takedowns - Learn about the recent achievements in the fight against ransomware as law enforcement agencies and cybersecurity organizations successfully disrupt operations, seize infrastructure, and safeguard victims from further attacks. Trigona ransomware, a ...
1 year ago Securityboulevard.com Trigona Ragnar Locker
FBI disrupts Blackcat ransomware operation, creates decryption tool - The Department of Justice announced today that the FBI successfully breached the ALPHV ransomware operation's servers to monitor their activities and obtain decryption keys. On December 7th, BleepingComputer first reported that the ALPHV, aka ...
1 year ago Bleepingcomputer.com LockBit Noescape
Law enforcement conducts 'largest ever' botnet takedown - In the latest high-profile law enforcement action against cybercrime, agencies disrupted several notorious botnets and malware droppers widely used in ransomware attacks. Europol on Thursday announced that an international law enforcement action, ...
1 year ago Techtarget.com LockBit
The Week in Ransomware - Today's column brings you two weeks of information on the latest ransomware attacks and research after we skipped last week's article. BleepingComputer has learned that some of the BlackCat/ALPHV affiliates are not buying the explanation and have ...
1 year ago Bleepingcomputer.com LockBit Qilin Noescape
The Week in Ransomware - Earlier this month, the BlackCat/ALPHV ransomware operation suffered a five-day disruption to their Tor data leak and negotiation sites, rumored to be caused by a law enforcement action. The FBI revealed this week that they hacked the BlackCat/ALPHV ...
1 year ago Bleepingcomputer.com LockBit Akira Noescape
ALPHV ransomware site outage rumored to be caused by law enforcement - A law enforcement operation is rumored to be behind an outage affecting ALPHV ransomware gang's websites over the last 30 hours. The ALPHV negotiation and data leak sites suddenly became unavailable yesterday and continue to remain down today. ...
1 year ago Bleepingcomputer.com Ragnar Locker
Ransomware review: January 2024 - This provides the best overall picture of ransomware activity, but the true number of attacks is far higher. In February, there were 376 ransomware victims, marking an unusually active month for the historically subdued time period. February didn't ...
1 year ago Malwarebytes.com LockBit Black Basta
Ransomware in 2023 recap: 5 key takeaways - This provides the best overall picture of ransomware activity, but the true number of attacks is far higher. While some ransomware trends hardly changed over the last year, such as LockBit's continued dominance, ransomware criminals also challenged ...
1 year ago Malwarebytes.com Scattered Spider LockBit
Understanding the Seizure of Dark Web Sites Linked to the Hive Ransomware - Recently, law enforcement seized several dark web sites linked to the Hive ransomware. The Hive ransomware is a potent form of malware that cybercriminals use to target organizations and individual computer users in order to demand a ransom for ...
2 years ago Bleepingcomputer.com
How the FBI seized BlackCat ransomware's servers - An unsealed FBI search warrant revealed how law enforcement hijacked the ALPHV/BlackCat ransomware operations websites and seized the associated URLs. Today, the US Department of Justice confirmed that they seized websites for the ALPHV ransomware ...
1 year ago Bleepingcomputer.com LockBit Noescape
Ransomware Rises Despite Law Enforcement Takedowns - Ransomware activity increased in 2023 compared to 2022, according to Google-owned Mandiant. This is despite broadscale law enforcement operations against prominent ransomware groups, including ALPHV/BlackCat. Mandiant shared ransomware research ...
11 months ago Infosecurity-magazine.com LockBit
The Week in Ransomware - An international law enforcement operation claims to have dismantled a ransomware affiliate operation in Ukraine, which was responsible for attacks on organizations in 71 countries. The threat actors are said to be affiliates of numerous ransomware ...
1 year ago Bleepingcomputer.com Qilin Cactus Black Basta
Hubris May Have Contributed to Downfall of Ransomware Kingpin LockBit - For all its vaunted success, the LockBit ransomware operation appears to have already been beset by problems when an international law enforcement effort led by the UK's National Crime Agency shut it down this week. Though it's likely that the dozens ...
1 year ago Darkreading.com LockBit Ragnar Locker
U.S. Joins U.K. to Seize LockBit Site, Disrupt Massive Ransomware Variant - The U.S. Department of Justice has partnered with the United Kingdom and international law enforcement partners in London today to announce the disruption of the LockBit ransomware group. The LockBit ransomware group is one of the most active ...
1 year ago Americansecuritytoday.com LockBit
Hive Ransomware: A Detailed Analysis - This past week, on January 26th, to be exact, the FBI successfully shut down the Hive ransomware group and saved victims over a hundred million dollars in ransom payments and remediation costs. As ransomware continues to be a national security threat ...
2 years ago Heimdalsecurity.com LockBit
Feds Sanction Russian Hosting Provider Over LockBit Attacks - "It is important to acknowledge that although sanctions might impede ransomware operations by targeting their infrastructure, ransomware groups such as LockBit are highly adaptive and well-connected, and will likely have other providers ...
4 months ago Darkreading.com LockBit
Ransomware Roundup - The Ransomware Roundup report aims to provide readers with brief insights into the evolving ransomware landscape and the Fortinet solutions that protect against those variants. This edition of the Ransomware Roundup covers the 8base ransomware. 8base ...
1 year ago Feeds.fortinet.com 8base
Medusa Ransomware Turning Your Files into Stone - Unit 42 Threat Intelligence analysts have noticed an escalation in Medusa ransomware activities and a shift in tactics toward extortion, characterized by the introduction in early 2023 of their dedicated leak site called the Medusa Blog. The Unit 42 ...
1 year ago Unit42.paloaltonetworks.com Medusa
The Top 10 Ransomware Groups of 2023 - This article takes an in-depth look at the rise in ransomware attacks over the past year and the criminal groups driving the surge in cyber extortion. LockBit has established itself as one of the most notorious ransomware operations since emerging on ...
1 year ago Securityboulevard.com TA505 8base LockBit BianLian Medusa Noescape Black Basta
Cisco Talos Report: New Trends in Ransomware, Network Infrastructure Attacks, Commodity Loader Malware - The Cisco Talos Year in Review report released Tuesday highlights new trends in the cybersecurity threat landscape. We'll focus on three topics covered: the ransomware cybercriminal ecosystem, network infrastructure attacks and commodity loader ...
1 year ago Techrepublic.com LockBit
NCC Group records the most ransomware victims ever in 2023 - While coordinated law enforcement action and government initiatives helped in the fight against ransomware last year, NCC Group still recorded an 84% increase in attacks during 2023. The report included data from NCC Group's Cyber Incident Response ...
1 year ago Techtarget.com Rocke 8base LockBit BianLian Medusa