57% of LockBit victims were organizations with 200 employees or fewer

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A Trend Micro Incorporated report found that many ransomware actors are targeting smaller organizations. According to the report, organizations of up to 200 employees accounted for 57% of LockBit victims and 45% of Black Cat victims in the first half of this year. For Clop, large enterprises accounted for half, with small businesses comprising 27%.

U.S.-based organizations remain a prime target for ransomware operators, with the highest number of ransomware victims in the first half of 2023 and accounting for nearly half of all ransomware attacks.

Additional findings include:

47% increase in new Ransomware as a Service (RaaS) victims.
11.3% increase in the number of new RaaS groups.
LockBit, the top ransomware family since 2022, accounted for 26.09% of total victim organizations, with BlackCat and Clop responsible for 10.59% and 10.09% of attacks, respectively.
The banking, retail and transportation sectors were the most targeted in 1H 2023.
I.T., healthcare and manufacturing emerged as the most targeted sectors in terms of ransomware file detection.

Read the full report here.

ON DEMAND: Business-impacting events such as severe weather, man-made disasters, and supply chain disruption are increasing in frequency and making impacts around the globe.

In today's rapidly evolving security landscape, organizations face an ever-growing array of disruptive events, security threats and risks. Traditional reactive approaches to security intelligence often leave businesses vulnerable and ill-prepared to anticipate and mitigate emerging threats that could impact the safety of their people, facilities or operations.