Ransomware attacks up over 120 percent in two years

Ransomware attacks surged between April 2024 and March 2025, marking a significant escalation as victims increased by 24% from the previous year. A report highlights an even steeper rise over two years, with ransomware responsible for 67% of third-party breaches. Newer groups, though fewer in size, have become more effective, targeting small and mid-sized businesses due to weaker defenses and lower risk of retaliation, alongside a surge in supply chain warfare attacks.