Ransomware attacks on the rise! Nearly 2900 assaults by 85 telegram hacktivist groups between January-March

From the recent surge in Pakistan-linked APT groups during elections in India to the disruption of major Ransomware-as-a-Service (RaaS) operations, the rising tide of ransomware assaults pose a formidable challenge. As per the Seqrite report, there is an increase in the sale of access to Indian entities (both government and corporate) by initial access brokers in the underground forums. As a result, more than 2900 disruptive attacks such as DDoS, website defacement and database leaks by over 85 Telegram hacktivist groups in the first quarter of 2024. The report highlights the ransomware incident ratio is one per 650 detections.