Cyber Crime Crackdown: Ransomware Attacks Plunge 22% in Q1 2024 as Law Enforcement Rallies

In 2024, the ransomware industry hit a comedy slump, dropping 22% in attacks from Q4’s grand finale. Who knew cybercriminals needed a season break?

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Hot Take:

Well, well, well, it looks like the ransomware industry hit a bit of a slump in early 2024. Perhaps the cyber crooks are taking a sabbatical, or maybe the long arm of the law is finally getting a grip on the ransomware reins. Either way, the drop in attacks is a welcome respite for IT departments everywhere. But before we break out the champagne, let's remember that like pesky weeds, new ransomware groups are sprouting up faster than you can say "Restore from backup!"

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