2023 ThreatLabz Ransomware Report

Ransomware attacks are on the rise, and businesses of all sizes are at risk. The Zscaler ThreatLabz 2023 Ransomware Report provides an overview of the ransomware threat landscape, including the latest trends, techniques, and defense strategies.

The report found that ransomware attacks increased by over 37% in 2023 (tracked between April 2022 and April 2023) compared to the previous year, with the average enterprise ransom payment exceeding $100,000, with a $5.3 million average demand. The most common targets were businesses in the manufacturing, services, and construction sectors.

Ransomware attacks are becoming increasingly sophisticated, with attackers using a variety of techniques to exploit vulnerabilities in organizations’ systems and networks. These techniques include phishing, social engineering, and exploiting known vulnerabilities.