{"id":3179,"date":"2025-02-03T21:20:00","date_gmt":"2025-02-03T21:20:00","guid":{"rendered":"https:\/\/fusionmindlabs.com\/blogs\/ransomware-groups-weather-raids-profit-in-2024\/"},"modified":"2025-02-03T21:20:00","modified_gmt":"2025-02-03T21:20:00","slug":"ransomware-groups-weather-raids-profit-in-2024","status":"publish","type":"post","link":"https:\/\/fusionmindlabs.com\/blogs\/ransomware-groups-weather-raids-profit-in-2024\/","title":{"rendered":"Ransomware Groups Weather Raids, Profit in 2024"},"content":{"rendered":"\n<\/p>\n<p><strong>Ransomware Attacks on the Rise in 2024<\/strong><\/p>\n<p>A surge in ransomware groups in 2024 has left companies facing increased attacks, even as law enforcement ramps up investigations against well-known groups such as LockBit, and dismantles popular cybercriminal services, such as phishing-as-a-service provider LabHost and the encrypted messaging platform Ghost.<\/p>\n<p><strong>State of Ransomware in 2024<\/strong><\/p>\n<p>A pair of new studies outlines the state of play. Overall, more than 75 ransomware groups were actively compromising targets in 2024, compared to only 43 the prior year, according to a recent Rapid7 analysis. As a result, more than half of organizations suffered a successful attack, and the majority of those impacted shut down some operations leading to significant revenue loss, according to a large survey of IT and cybersecurity practitioners conducted by the Ponemon Institute.<\/p>\n<p><strong>Mitigating the Impact of Ransomware Attacks<\/strong><\/p>\n<p>In the best case scenario, companies can quickly move to cloud operations \u2014 or another plan for business continuity \u2014 giving them the best chance of recovering without drastic impacts, Rapid7&#8217;s Beek says. &quot;We saw one company flip the switch, and suddenly the whole business was running on cloud resources while they were restoring the day-to-day operations,&quot; he says. &quot;So the ransomware incident hardly impacted the business.&quot;<\/p>\n<p><strong>Key Factors in Ransomware Disruption<\/strong><\/p>\n<p>Companies that have a lack of visibility into \u2014 and a lack of security controls protecting \u2014 their networks face the most damaging disruption, says Illumio&#8217;s Dearing. &quot;Things that allow lateral movement within organizations \u2014 like unpatched systems and weak passwords and open RDP ports \u2014 help attackers,&quot; he says. &quot;So there&#8217;s an amount of basics that companies need to take.&quot;<\/p>\n\n<br \/><a href=\"https:\/\/www.darkreading.com\/endpoint-security\/ransomware-weathered-raids-profited-2024\" rel=\"nofollow noopener\" target=\"_blank\">Source Link<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ransomware Attacks on the Rise in 2024 A surge in ransomware groups in 2024 has left companies facing increased attacks, even as law enforcement ramps up investigations against well-known groups&#8230;<\/p>\n","protected":false},"author":19,"featured_media":3180,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[22],"tags":[],"class_list":["post-3179","post","type-post","status-publish","format-standard","has-post-thumbnail","category-cybersecurity"],"jetpack_featured_media_url":"https:\/\/fusionmindlabs.com\/blogs\/wp-content\/uploads\/sites\/9\/2025\/02\/vectorfusionart-ransomware-shutterstock.jpg","_links":{"self":[{"href":"https:\/\/fusionmindlabs.com\/blogs\/wp-json\/wp\/v2\/posts\/3179","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/fusionmindlabs.com\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fusionmindlabs.com\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fusionmindlabs.com\/blogs\/wp-json\/wp\/v2\/users\/19"}],"replies":[{"embeddable":true,"href":"https:\/\/fusionmindlabs.com\/blogs\/wp-json\/wp\/v2\/comments?post=3179"}],"version-history":[{"count":0,"href":"https:\/\/fusionmindlabs.com\/blogs\/wp-json\/wp\/v2\/posts\/3179\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/fusionmindlabs.com\/blogs\/wp-json\/wp\/v2\/media\/3180"}],"wp:attachment":[{"href":"https:\/\/fusionmindlabs.com\/blogs\/wp-json\/wp\/v2\/media?parent=3179"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fusionmindlabs.com\/blogs\/wp-json\/wp\/v2\/categories?post=3179"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fusionmindlabs.com\/blogs\/wp-json\/wp\/v2\/tags?post=3179"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}