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Report

Healthcare Sector Ransomware Spotlight

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Ransomware has continuously evolved since it first arrived on the scene in 1989. Over the past 34 years, researchers have explored the rise of ransomware fueled by its ease of distribution, shortened path to monetization, and the parallel growth of cryptocurrency.

In the first two volumes of the Investigative Cybercrime Series, we leveraged data from Arete ransomware engagements to analyze trends in cyberattacks, ransom payments, and effective controls across multiple sectors.

In this report, we will dive deeper into healthcare sector data, which represents 13.0% of all events in our observation period—from May 2019 through May 2022. This data led us to explore trends in ransomware families, controls, and mitigation techniques.