Ransomware Report: A Comprehensive Ranking of Gangs, Malware, and Risks

Ransomware attacks are prevalent worldwide, targeting businesses of all sizes, government organizations, nonprofits, and medical facilities. The rise in cybercrime has necessitated the need for organizations to take steps to improve their internet security measures. One such effort is the Ransomware Malicious Quadrant, a newly launched ransomware quadrant that offers organizations a way to understand the complex cybercrime ecosystem.

H3: Ranking the Ransomware Outfits

Published by Halcyon, a cybersecurity firm focused on ransomware, the Ransomware Malicious Quadrant takes a range of the most consequential and effective ransomware groups over the past year and gathers the most critical datapoints on each and categorizes them. The system is designed to give business leaders and other decision-makers a compact but thorough overview of the plethora of ransomware variants and crews operating at any moment.

H3: Providing Valuable Information to Organizations

There is so much information available on ransomware, but there’s not a lot of consistent information available. Various cybersecurity firms track ransomware groups, but their public products often give businesses little usable information. Therefore, the Ransomware Malicious Quadrant is an important tool that provides valuable information that decision-makers can use to improve their internet security measures.

H4: The Quadrant’s Usefulness

Each group is plotted along the quadrant’s x-y axes, which measure an ability to execute and completeness of vision, and the quadrants further characterize each group as either challengers, leaders, niche players, or visionaries. The written entries for each group track a range of factors, such as effectiveness in disrupting targeted networks, ability to evade detection, continued platform development, target selection, and technical support availability for affiliates.

H4: The Efficacy of LockBit and Royal

LockBit, one of the most active groups based on publicly known data, is predictably ranked highest in terms of execution and vision. Royal, the group associated with the attack on Dallas, “has quickly become one of the more concerning ransomware operations,” according to the report. The group is prolific, given its attack rate since it emerged in September 2022.

H3: Update Frequency

Halcyon is still trying to determine how often to update the quadrant given the incredibly fluid nature of the ransomware space. However, the company hopes that it can be a resource for decision-makers who aren’t necessarily technical but need to know what’s happening. Organizations need to plan not just to prevent a ransomware attack, but to respond to it and be resilient.

H2: Conclusion

In conclusion, the Ransomware Malicious Quadrant is an essential tool that provides valuable information to decision-makers on the frontlines. With the rise of cybercrime, it is necessary to understand the complex cybercrime ecosystem to improve internet security measures effectively. Through the Ransomware Malicious Quadrant, organizations can better understand the ransomware outfits, the malware, and the ever-present risks.