Ransomware Report: Q1 2023

This report from ReliaQuest’s Threat Research Team covers significant developments in the threat landscape surrounding ransomware during Q1 2023. The first quarter of 2023 broke records for double-extortion ransomware attacks, and we also observed many large-scale ransomware campaigns, including a supply-chain attack.

This report looks at the most important ransomware-related events during Q1 2023: key events, metrics of ransomware groups, and what steps organizations can take to protect themselves from these threats.

Noteworthy observations include:

• An alarming surge in ransomware activity

• A supply-chain attack exploiting a zero-day vulnerability

• The top-targeted geographical regions and sectors