CU InfoSecurity Security Texas Relevant

Ransomware by the Numbers: Count of Victims and Groups Surge

Summary

- The number of ransomware victims and criminal groups has increased over the past 12 months. - Despite law enforcement disruptions and competition, fewer victims are paying ransoms.

Why It Matters for Texas Credit Unions

Relevant to Texas CUs as they operate within the same cybersecurity environment and face similar risks.

Original Source Material

Despite Some Well-Known Groups Disappearing, Ransomware Competition Remains Fierce Here's unwelcome ransomware news: Groups' victim listings and underground chatter suggest that the count of victims and number of criminal groups behind such attacks have both risen over the past 12 months, despite repeat disruptions by law enforcement, fierce competition and fewer victims paying.