Ransom demands surge by 20% in 2023, hitting key industries hardest

A new report today from Arctic Wolf Networks Inc. reveals a sharp rise in ransom demands and business email compromise incidents in 2023 as cybercriminals continue to exploit long-disclosed vulnerabilities for economic gains. The annual Arctic Wolf Labs Threat Report details the colorful year that was 2023, with cybercrime groups upping their ransomware demands while gleefully exploiting vulnerabilities that predate 2023 and remained unpatched.

Source: SiliconANGLE

 


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