Ransomware Surge in 2024: A Year of Unprecedented Attacks and Data Breaches

Ransomware Surge in 2024: A Year of Unprecedented Attacks and Data Breaches
2024 marked a record-breaking year for ransomware, with numerous high-profile attacks leading to massive data breaches. Notable incidents include the cyberattacks on LoanDepot and Fulton County, exposing millions of personal records. The ALPHV gang's breach of Change Healthcare became one of the largest in U.S. history, affecting over 100 million individuals. Other significant targets included Omni Hotels and Evolve Bank, both suffering extensive data theft. Despite some government successes against ransomware groups, the trend of sophisticated attacks continues to rise, highlighting the urgent need for enhanced cybersecurity measures.