The ThreatLabz 2024 Ransomware Report by Zscaler highlights a significant increase in ransomware attacks, with a notable rise in extortion tactics and record-breaking ransom payments, including a $75 million payout, the largest ever recorded. The report reveals a 17.8% year-over-year increase in ransomware attacks, with the manufacturing, healthcare, and technology sectors being the most targeted. Despite law enforcement efforts, many ransomware groups continue to evolve and launch new attacks. The report emphasizes the need for organizations to strengthen their defenses against ransomware by understanding the latest trends, vulnerabilities, and implementing recommended security practices.

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