What This Report Covers
This edition covers the second quarter of 2023. Analysts identified ransomware incidents across 27 industry sub-sectors, with the USA, UK and Canada the most targeted countries.
Key Findings of the Ransomware Trends Report Q2 2023
The report analyses over 1,383 ransomware events in the second quarter of 2023, spread across 83 countries.
- The United States accounted for 50.5% of events, the United Kingdom for 5.9% and Canada for 4.6%.
- Italy showed the largest rise in attacks among countries, at 260%.
- Business, professional and legal services made up 19.6% of events and manufacturing 18.8%; healthcare followed with 8.7%.
- LockBit was the most active group with 227 incidents in Q2 2023.
- The highest monthly increase was in April, with 544 attacks, most of them by LockBit and Malas.
- The report notes a significant rise in cases using the MOVEit exploit by the Cl0p group.
The full PDF adds profiles of LockBit 3.0, ALPHV/BlackCat, Cl0p, MalasLocker and BianLian, the quarter's important ransomware news, the most used CVEs and a section on tactics, techniques and procedures.
Business, professional and legal services made up 19.6% of events and manufacturing 18.8%, and manufacturing again ranks as a top target. The report shows sector focus by group, such as Royal on Manufacturing and Karakurt on Healthcare. April had the highest increase, with 544 attacks.
Use it to compare quarter-on-quarter movement with the earlier 2023 edition. A plain explanation of the term is in the ransomware glossary entry.
The mix of country, sector and monthly figures makes it a handy reference for teams that want to know where activity was concentrated and when it peaked, and whether their own industry was among the most affected.
Security professionals often struggle to keep up with evolving ransomware trends due to the constant barrage of information. We aim to help you filter this overload, present the 2023 Ransomware Trends in an understandable format, and convert this information into meaningful insights.
Exploring Ransomware Trends in Q2 of 2023: Our Comprehensive Analysis
Q2 2023 Ransomware Trends: Key Insights
- Our analysts have identified staggering ransomware incidents across 27 industry sub-sectors with devastating consequences.
- According to the data collected by our team, the USA, UK, and Canada became the most targeted countries by ransomware attacks during Q2 / 2023.
- Business, professional, and legal services made up 19.6% of ransomware events in Q2/2023, ahead of manufacturing (18.8%).
- Manufacturing consistently ranks as a top target, highlighting the sector’s value to cybercriminals and the need for robust security measures.
- Industry-specific attacks, like Royal Group‘s focus on Manufacturing and Karakurt Group‘s focus on Healthcare, suggest that some cybercriminals develop specialized techniques for exploiting vulnerabilities in certain sectors.
- The highest increase was in April, with 544 attacks.