Ransomware attacks decreased by 22% in Q1 2024 after a 55.5% surge in 2023. Key factors for this drop include enhanced law enforcement actions against major groups like LockBit and ALPHV, leading to significant arrests and infrastructure takedowns. Additionally, a historic low in ransom payments and emerging new groups suggest changes in the landscape of cybercrime, with new entrants struggling to fill the void left by established ransomware operations.
The Drop in Ransomware Attacks in 2024 and What It Means
