Targeted ransomware groups grow in numbers, sophistication

In 2023, targeted ransomware attacks surged by 70%. Cybercriminals threaten to expose stolen data and file complaints. Ransomware payments exceeded $1.1 billion, reaching an unprecedented high. An in-depth research has found that 2023 saw an increase in the number of targeted ransomware groups globally by 30% when compared to 2022.

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