The 2024 SonicWall Cyber Threat Report describes a rapidly escalating cybercrime landscape driven by volume, persistence, and attacker adaptation. In 2023, malware rose 11% to 6.06 billion attacks, encrypted threats more than doubled, and cryptojacking surged 659% to over one billion incidents, making it a major share of overall malware activity. While ransomware declined 36%, it remained the third-highest total on record and showed signs of renewed momentum, particularly through vulnerability exploitation and large-scale supply chain attacks. Intrusion attempts climbed 20% to 7.6 trillion, increasing operational strain and alert fatigue across industries. The report shows attackers favoring proven techniques over novel malware, exploiting unpatched systems, cloud misconfigurations, and en

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