LockBit Remains Top Global Ransomware Threat

The LockBit ransomware strain continues to be the primary digital extortion threat to all regions, and almost all industries globally, according to a report by ZeroFox.

Researchers found that LockBit was leveraged in more than a quarter of global ransomware and digital extortion (R&DE) attacks in the seven quarters analyzed from January 2022 to September 2023.

This includes 30% of all R&DE attacks in Europe and 25% in North America during the period.

However, ZeroFox said that the overall proportion of attacks that LockBit accounts for is on a downward trajectory. This is likely due to increasing diversification of the R&DE landscape, with ransomware-as-a-service (RaaS) offerings lowering the barriers to entry for threat actors.