ZeroFox’s Rising Ransom Report (July 2021) reveals ransomware surged 50% in early 2021, averaging over 235 attacks per month with ransom demands exceeding $220,000. Major incidents like Colonial Pipeline and Kaseya exposed vulnerabilities in critical infrastructure. Despite law enforcement takedowns of groups like Darkside, Avaddon, and Cl0p, ransomware remains pervasive, often shifting identities to evade disruption. Government entities were frequent targets, with 42% of victims in the U.S. or Canada. ZeroFox recommends proactive defense through zero-trust segmentation, dark web monitoring, and incident readiness, warning that minimal security measures are insufficient in today’s evolving threat landscape.

Join for free to read