Cyber Risks · Dragos Blog

Dragos Industrial Ransomware Analysis: Q2 2024

Summary: Dragos reports that ransomware incidents against industrial organizations almost doubled from Q1 to Q2 2024, with 29 of the 86 known industrial-targeting ransomware groups active in the second quarter versus 22 in the first. LockBit accounted for roughly 21 percent (66 incidents) of observed events and Play about 10 percent (31 incidents), while rebranded groups BlackSuit (formerly Royal) and RansomHub (formerly Knight) emerged with more sophisticated encryption and lateral movement tactics.

Why it matters: Dragos found no ransomware attacks directly targeting ICS or OT processes, yet disruptions still reached OT networks through IT/OT interdependencies - so the near-doubling of incidents lands on industrial operators whose process safety depends on systems they never saw attacked.

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Topics
OT / ICS & Critical Infrastructure
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