Zscaler’s Annual Ransomware Report Uncovers Record-Breaking Ransom Payment of US$75 Million, Reinforcing the Need for Zero Trust
Key Findings:
SAN JOSE, Calif., July 30, 2024 (GLOBE NEWSWIRE) — Zscaler, Inc. (NASDAQ:ZS), the leader in cloud security, today published its Zscaler ThreatLabz 2024 Ransomware Report, which analyzed the ransomware threat landscape from April 2023 through April 2024. The annual report details the latest ransomware attack trends and targets, ransomware families, and effective defense strategies. Findings in the report uncovered an 18% overall increase in ransomware attacks year-over-year, as well as a record-breaking ransom payment of US$75 million – nearly double the highest publicly known ransomware payout – to the Dark Angels ransomware group. ThreatLabz believes Dark Angels’ success will drive other ransomware groups to use similar tactics, reinforcing the need for organizations to prioritize protection against rising and ever-more costly ransomware attacks.