The “Ransomware Lifecycle Primer” outlines how ransomware attacks have grown 37% in 2023, even as ransom payments dropped 34%, showing more victims refuse to pay. However, average payouts rose to $740K+, driven by targeted extortion and double extortion tactics. The paper breaks down the ransomware lifecycle—from initial access via phishing or exploits, to lateral movement, backup destruction, encryption, and ransom demand. It highlights vectors like RDP abuse, malvertising, and RaaS. Mitigation strategies include Zero Trust, aMFA, MDR/XDR, patching, and employee training—all crucial for a resilient, layered defense.

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