Ransomware attacks surged by 80% from Feb 2021 to Mar 2022, setting new records for volume and damage costs. Cybercriminals encrypt files and demand ransom payments. Attacks evolved to include data exfiltration and DDoS tactics, intensifying business disruption. Supply chain attacks increased by 51%, targeting vendors to infiltrate organizations. Notable exploits include SolarWinds, Kaseya, and Log4j, with the trend expected to rise.

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