As we look forward to 2023, we can find many ransomware lessons in looking back at 2022. The year brought us numerous attacks by many of the same gangs we’ve watched for years, as well as some newcomers.
Many ransomware gangs operate like businesses, with their own marketing departments and user documentation. With the advent of Ransomware-as-a-Service (RaaS), gangs now sell their software to other criminals and get a portion of the profits — revenue without having to lift even a virtual finger.
But just like legitimate companies, some gangs are more successful than others. By understanding recent and common tactics, companies can create an effective plan to thwart ransomware attacks in the new year.
Here are four ransomware gangs that made headlines in 2022:
LockBit
LockBit had a big year — especially in May when the group was responsible for 40% of all ransomware attacks. The group even bragged on social media that it attacked 12,125 organizations, including Thales Ground and the French Ministry of Justice.
One of the biggest reasons the group made the headlines in 2022 was its release of a new ransomware variant, dubbed LockBit 3.0. While the group targeted organizations worldwide, the United States was the top target with the most victims. LockBit also made headlines this year by being the first group to launch its own bug bounty program, offering up to a million dollars to those willing to share sensitive personal information with them.
LockBit’s attack method of using ..
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