Given the recent slate of massive ransomware attacks that have disrupted everything from hospitals to car dealerships, Cisco Talos wanted to take a renewed look at the top ransomware players to see where the current landscape stands.
Based on a comprehensive review of more than a dozen prominent ransomware groups, we identified several commonalities in tactics, techniques and procedures (TTPs), along with several notable differences and outliers.
Talos’ studies indicate that the most prolific ransomware actors prioritize gaining initial access to targeted networks, with valid accounts being the most common mechanism. Phishing for credentials often precedes these attacks, a trend observed across all incident response engagements, consistent with our 2023 Year in Review report. Over the past year, many groups have increasingly exploited known and zero-day vulnerabilities in public-facing applications, making this a prevalent initial access vector.
Watch: Discussion of latest ransomware trends
The AlphV/Blackcat and Rhysida groups stood out with the broadest range of TTPs, demonstrating significant tactical diversity. Conversely, groups like BlackBasta, LockBit and Rhysida not only encrypted data and defaced victim systems to maximize impact. Distinctively, the inside ransomware playbook analyzing attack chains mapping common