Ransomware attacks spiked in 2024—but they’re nothing compared to what’s coming this year, tech expert warns. ‘I’m very afraid of the things we’re going to see in 2025’.
It’s 2025, and you know what that means—time to go over what happened in the world of ransomware in 2024.
Cash money. Rapid7’s new report on ransomware in the last year found that, unsurprisingly, the increase in attacks from ransomware gangs spiked again. Potential revenue from attacks could reach $380 million, Rapid7 surmised based on a median reported ransom payment of $200,000 per attack, meaning there’s a lot of money on the table for those willing to take it. To Sebastian Straub, principal solutions architect at N2WS, the next year promises to be more dangerous.
“I’m very afraid of the things we’re going to see in 2025, because even if you look at 2024 the attacks were, I know it sounds crazy…minor attacks,” Straub said. “I think we’re going to see tremendously larger attacks in 2025.”
Making it big time. A report from NCC Group found that December 2024 saw the “largest number of attacks for the year, but also since we began recording ransomware data in 2021” since the organization began tracking the attacks in 2021. For Straub, the danger of ransomware is going to reach through 2025 and beyond. He noted to IT Brew that the use of AI in developing attack strategies is leading to more efficient, dangerous hacks and that threat actors are increasingly targeting interconnected systems.
Source: FORTUNE
