Ransomware groups set sights on large corporations

Ransomware operators are setting their sights on large corporations, as the number of attacks surges worldwide, a new report from security firm Barracuda Networks suggests.

The report states that the volume of ransomware attacks rose 64 percent year-on-year, totalling 121 incidents detected in-house since August 2020. Of that number, 40 percent targeted large multi-national businesses, compared to just 14 percent a year ago.

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