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Q4 2024 Ransomware Research Report

Ransomware Attacks Have Reached an Unprecedented High

The latest CyberMaxx Q4 2024 Ransomware Report reveals a staggering 137% increase in attacks compared to Q3, making it the most dangerous quarter ever recorded. With 4,831 attacks throughout 2024 and a record-breaking 2,358 attacks in Q4 alone, businesses worldwide are facing an escalating cyber threat.

Key Insights from the Report:

  • Biggest Surge in Attacks Ever: A 193% increase in Q4 attacks compared to the same period in 2023.
  • Critical Exploits Driving Breaches: Vulnerabilities like CVE-2024-0012 (Palo Alto PAN-OS RCE) fueled attack spikes.
  • Cloud Under Siege: 39% more attacks targeted cloud environments, making misconfigurations and identity breaches primary access points.
  • Soaring Costs of Cyber Breaches: The average cost of a data breach rose to $4.88M in 2024, continuing an upward trend.

The CyberMaxx team has identified key trends, vulnerabilities, and threat actor behaviors that shaped 2024. Staying ahead of these threats requires proactive security strategies and real-time threat intelligence.


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