Image: Shutterstock As ransomware continues to pummel numerous sectors, how does any given organization end up becoming a target or victim? Organizations in some geographies are more likely to fall victim. Cybersecurity firm Group-IB reports that from July 2021 through June 2022, 43% of known ransomware attacks hit U.S. organizations. Next in line were Germany, the U.K., Canada, Italy and France. Some sectors also appear to fall victim more than others. Last quarter, ransomware incident response firm Coveware reported seeing most victims hail from the public sector, followed by software services, healthcare , professional services and the materials sector. Comparing the last three months of 2022 to the third quarter, Coveware saw fewer professional services firms – including small law firms and financial services firms – getting hit, which it attributed to ransomware groups prioritizing larger, more lucrative targets (see: Ransomware Profits Dip as Fewer Victims Pay Extortion ). Some industries recorded a rise in attacks. In the second half of last year, in particular, known attacks against the manufacturing sector increased by 30%, reports cybersecurity firm Dragos . This sector counts everything from automotive firms and industrial equipment suppliers to electronics and aerospace. Cue this chicken-and-egg question: Do […]
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