Finance Sector Huge Spike in Ransomware Attacks – BlackFog September State of Ransomware Report

806 Views

September saw the second highest number of ransomware attacks of the year with 65 publicly disclosed attacks and 392 undisclosed attacks. This represents a ratio of 6 to 1 undisclosed to disclosed attacks for the month.

The most dramatic change we saw this month from a sector perspective was the finance sector, seeing a 47% increase in attacks. The sectors of Healthcare, Government and Education continue to lead the way with increases of 13%, 15% and 18% respectively. Healthcare and Government are now more than double every other sector except Education as we move into the 4th quarter.

From a variant perspective we saw the biggest gains with Hunters International group with a 22% increase, followed by Medusa with 16%, reflecting their success across a broad range of sectors. In terms of unreported attacks, we saw a massive increase in attacks from RansomHub, with 53% growth this month, and expect this to be reflected in the reported attacks over the coming months.

China continues to dominate data exfiltration this month, with a 2% increase to 22%, following the 4% increase last month. Russia remains stable at around 5%, with 93% of all attacks involving some form of data exfiltration.