The majority of ransomware attacks target small businesses, according to Verizon’s latest Data Breach Investigations Report (DBIR), with extortion malware appearing in 88% of SMB breach incidents compared to just 39% at larger organizations.
The 2025 edition of the annual report, published on April 23, showed that ransomware was involved in 44% of all attacks for the reported period – a total of 12,195 data breaches, between November 1, 2023, and October 31, 2024. This represents a 37% jump, with ransomware involved in just 32% of breaches in the previous report.
“Those large ransomware numbers include both the ‘traditional encrypting’ ransomware kind and the ‘pure extortion, non-encrypting’ kind, which we classified as extortion in the 2024 DBIR,” the latest Verizon report read.
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