Barracuda Network: Ransomware attacks increased 64% over the past year

VentureBeat

VB Staff

Ransomware attacks increased 64% over the past year, targeting municipalities, health care, education, infrastructure, and more, according to Barracuda Network’s annual ransomware report.

Ransomware attacks have surged in 2021. Cybercriminals are also expanding their targets, shifting focus to critical infrastructure and deep-rooted software supply chain attack campaigns, which can cause long-lasting devastation.

In the past 12 months, Barracuda researchers have identified and analyzed 121 ransomware incidents, a 64% increase in attacks, year over year. Cybercriminals are still heavily targeting municipalities, health care, and education, but attacks on other businesses are surging.

Attacks on corporations, such as infrastructure, travel, financial services, and other businesses, made up 57% of all ransomware attacks between August 2020 and July 2021, up from just 18% from the 2020 report. Infrastructure-related businesses account for 10% of all the attacks we studied. In fact, ransomware...

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