Page 134 - Cyber Defense eMagazine Annual RSA Edition for 2024
P. 134

Key Points

               •  In February 2024, the Lockbit ransomware group emerged as a significant threat, leading with a
                   victim count of 91.
               •  The Manufacturing sector is the primary target of ransomware attacks, experiencing 77 incidents.
               •  The USA was the most targeted geography in February 2024, with 195 ransomware incidents.
               •  Blackout and Alpha Ransomware groups emerged as new threats in February 2024.





            TREND COMPARISON OF FEBRUARY 2024's TOP 5 RANSOMWARE GROUPS WITH JANUARY
            2024.

            In February 2024, multiple ransomware groups were active. Below, we outline trends concerning the top
            5 ransomware groups.





                      91



                  64





                                   31
                                                 27           25        28
                                             22                             24
                               13
                                                           6


                  lockbit3     hunters        alphv         play         8base
                                           Jan-24  Feb-24


            Source: OSINT



            From  January  2024  to  February  2024,  LockBit3  saw  a  42.2%  increase  in  victims,  while  Hunters
            experienced a substantial rise of 138.5%. Alphv and Play exhibited modest increases of 22.7% and
            316.7%, respectively. The increase in count may be a result of failed ransom negotiations. In contrast,
            8Base witnessed a 14.3% decrease in victim count. Which can be attributed to successful negotiations
            or a decrease in its function.







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