2023 Ransomware Trends: Key Insights

1. Our analysts have identified staggering ransomware incidents across 27 industry sub-sectors with devastating consequences.


2. According to the data collected by our team, the USA, UK, and Canada became the most targeted countries by ransomware attacks during Q3 / 2023.


3. Brazil, Italy, and Australia saw a decrease in ransomware attacks compared to the previous quarter, they continued to be the target of attacks.


4. The statistical distribution of these events shows that 34.2% of them were related to business, professional, and legal services, while 11.5% of the events were in the manufacturing sector.


5. Industry-specific attacks, like 8Base Group’s focus on Manufacturing and Rhyside Group‘s focus on Education, Research & Innovation suggest that some cybercriminals develop specialized techniques for exploiting vulnerabilities in certain sectors.


6. The highest increase was in July, with 382 attacks.