{"id":7558,"date":"2025-04-22T23:01:00","date_gmt":"2025-04-23T04:01:00","guid":{"rendered":"https:\/\/cyberscoop.com\/?p=84256"},"modified":"2025-04-22T23:01:00","modified_gmt":"2025-04-23T04:01:00","slug":"verizon-discovers-spike-in-ransomware-and-exploited-vulnerabilities","status":"publish","type":"post","link":"https:\/\/ddi.mohflo.net\/index.php\/2025\/04\/22\/verizon-discovers-spike-in-ransomware-and-exploited-vulnerabilities\/","title":{"rendered":"Verizon discovers spike in ransomware and exploited vulnerabilities"},"content":{"rendered":"<p><head> <meta charset=\"UTF-8\"> <meta name=\"viewport\" content=\"width=device-width, initial-scale=1\"> <meta name=\"robots\" content=\"index, follow, max-image-preview:large, max-snippet:-1, max-video-preview:-1\"> <!-- This site is optimized with the Yoast SEO Premium plugin v24.5 (Yoast SEO v24.5) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ --> <title>Verizon discovers spike in ransomware and exploited vulnerabilities | 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class=\"single-article__header \" readability=\"25.356115107914\">\n<div class=\"single-article__header-content\" readability=\"34.388059701493\">\n<p> Verizon\u2019s 2025 Data Breach Investigations Report noted a 37% increase in ransomware attacks and a 34% increase in exploited vulnerabilities. <\/p>\n<p> <!-- Listen to this article section --> <!-- Audio Element --><br \/>\n<audio id=\"audio-player\" src=\"https:\/\/wp-tts-cdn.api.scpnewsgrp.com\/cyberscoop\/84256\/english.openai.mp3\"><\/audio> <\/p>\n<div readability=\"11\">\n<div>\n<p>Listen to this article<\/p>\n<p> <!-- Countdown Timer --> <\/p>\n<p>0:00<\/p>\n<\/p><\/div>\n<p> <!-- Tooltip --> <\/p>\n<p> <span id=\"tts-tooltip\">Learn more.<\/span> <span> This feature uses an automated voice, which may result in occasional errors in pronunciation, tone, or sentiment. <\/span> <\/p>\n<\/div>\n<p> <!-- End of audio player --> <\/div>\n<div class=\"single-article__cover-wrap\">\n<figure class=\"single-article__cover\"> <img data-recalc-dims=\"1\" fetchpriority=\"high\" width=\"640\" height=\"443\" src=\"https:\/\/i0.wp.com\/ddi.mohflo.net\/wp-content\/uploads\/2025\/04\/verizon-discovers-spike-in-ransomware-and-exploited-vulnerabilities.jpg?resize=640%2C443&#038;ssl=1\" class=\"single-article__cover-image wp-post-image\" alt decoding=\"async\" fetchpriority=\"high\" srcset=\"https:\/\/ddi.mohflo.net\/wp-content\/uploads\/2025\/04\/verizon-discovers-spike-in-ransomware-and-exploited-vulnerabilities-2.jpg 4878w, https:\/\/ddi.mohflo.net\/wp-content\/uploads\/2025\/04\/verizon-discovers-spike-in-ransomware-and-exploited-vulnerabilities-2.jpg?resize=300,207 300w, https:\/\/ddi.mohflo.net\/wp-content\/uploads\/2025\/04\/verizon-discovers-spike-in-ransomware-and-exploited-vulnerabilities-2.jpg?resize=768,531 768w, https:\/\/ddi.mohflo.net\/wp-content\/uploads\/2025\/04\/verizon-discovers-spike-in-ransomware-and-exploited-vulnerabilities-2.jpg?resize=1024,708 1024w, 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https:\/\/ddi.mohflo.net\/wp-content\/uploads\/2025\/04\/verizon-discovers-spike-in-ransomware-and-exploited-vulnerabilities-2.jpg?resize=1219,843 1219w\" sizes=\"(max-width: 976px) 100vw, 976px\"><figcaption> (Getty Images) <\/figcaption><\/figure>\n<\/p><\/div>\n<\/header>\n<div class=\"single-article__content\">\n<div class=\"single-article__content-inner has-drop-cap\"> <html readability=\"53.682137834037\"><body readability=\"111.8464\"><\/p>\n<p>Cybercriminals and state-sponsored threat groups exploited vulnerabilities and initiated ransomware attacks with vigor last year, escalating the scope of their impact by hitting more victims and outmaneuvering defenses with speed.<\/p>\n<p>The rate of ransomware detected in data breaches jumped 37%, occurring in 44% of the 12,195 data breaches reviewed in Verizon\u2019s 2025 Data Breach Investigations Report released Wednesday. Researchers observed the presence of ransomware in 32% of data breaches in last year\u2019s report.&nbsp;<\/p>\n<p>Verizon\u2019s research underscores the twists and turns of cybercriminal activity and its wide-reaching impact on organizations. \u201cWe see less payment activity,\u201d Alex Pinto, associate director of threat intelligence at Verizon Business, told CyberScoop, \u201cbut we don\u2019t see it slowing down.\u201d<\/p>\n<p>While ransom payments are down \u2014 64% of victim organizations did not pay the ransoms, compared to 50% two years ago \u2014 the prevalence of ransomware continues to grow.<\/p>\n<div class=\"ad ad--inline_1 \">\n<div class=\"ad__inner\"> <span class=\"screen-reader-text\">Advertisement<\/span> <\/div>\n<\/div>\n<p>The median amount paid to ransomware groups is also down, sliding from $150,000 in 2023 to $115,000 in 2024, researchers found that small- to medium-sized businesses have been hit particularly hard. While ransomware was traced to 39% of breaches impacting larger organizations, it occurred in 88% of breaches on SMBs, according to Verizon.&nbsp;<\/p>\n<p>\u201cThe type of attack that ransomware is, is really primed for expanding into the mid-market,\u201d Pinto said.&nbsp;<\/p>\n<p>Verizon\u2019s latest annual report covers incidents that occurred between Nov. 1, 2023 and Oct. 31, 2024. The company is fairly confident it\u2019s aware of the majority of data breaches resulting from ransomware attacks due to readily available data it collects from data leak sites. The majority of those data leak site claims are legitimate, according to Verizon and its research partners.<\/p>\n<p>Exploited vulnerabilities as an initial access vector for breaches also surged last year, nearly reaching parity with credential abuse. Verizon reported a 34% year-over-year increase in exploited vulnerabilities, representing 20% of all initial access vectors across data breaches.&nbsp;<\/p>\n<p>\u201cYou can draw a straight line from this growth in vulnerabilities, especially vulnerabilities, to the growth of usage of vulnerabilities in ransomware,\u201d Pinto said.<\/p>\n<div class=\"ad ad--inline_1 \">\n<div class=\"ad__inner\"> <span class=\"screen-reader-text\">Advertisement<\/span> <\/div>\n<\/div>\n<p>The jump in exploited vulnerabilities was fueled, in part, by zero-day exploits targeting edge devices and virtual private networks. \u201cThe percentage of edge devices and VPNs as a target on our exploitation of vulnerabilities action was 22%, and it grew almost eightfold from the 3% found in last year\u2019s report,\u201d Verizon said in the report.<\/p>\n<p>Researchers noted that organizations only patched or fully remediated about 54% of edge device vulnerabilities throughout the year, and these efforts took a median of 32 days to accomplish.&nbsp;<\/p>\n<p>Network edge devices are among attackers\u2019 most preferred intrusion points into enterprise networks. Attackers have exploited vulnerabilities in firewalls, VPNs and routers from <a href=\"https:\/\/cyberscoop.com\/ivanti-exploited-vulnerabilities-network-edge-devices-kev-list\/\">Ivanti<\/a>, Palo Alto Networks, Cisco, Fortinet and others at scale since 2024.&nbsp;<\/p>\n<p>\u201cThis tactic has been leveraged successfully by both ransomware operators and espionage-motivated threat actors with great success,\u201d Verizon said in the report. \u201cIn fact, exploitation of vulnerabilities as an initial access vector for espionage-motivated breaches goes as high as 70% in the analyzed time period.\u201d<\/p>\n<p>Verizon also found a significant jump in the number of data breaches involving third-party vendors. \u201cAlthough the involvement of the human element in breaches remained roughly the same as last year, hovering around 60%, the percentages of breaches where a third party was involved doubled, going from 15% to 30%,\u201d researchers said in the report.<\/p>\n<div class=\"ad ad--inline_1 \">\n<div class=\"ad__inner\"> <span class=\"screen-reader-text\">Advertisement<\/span> <\/div>\n<\/div>\n<p>\u201cThere are so many different aspects on how specific relationships with vendors can add to the risks up to some bad security outcomes,\u201d Pinto said.<\/p>\n<p>Overall, the increases in ransomware, exploited vulnerabilities and third-party risk don\u2019t necessarily reflect a shift in attackers\u2019 tactics, according to Pinto. \u201cI think they\u2019re just maximizing their opportunities,\u201d he said. \u201cIt\u2019s just more stuff we have to focus on at the end of the day\u201d<\/p>\n<p>Verizon\u2019s report analyzed the highest number of confirmed breaches to date with attacks impacting victims from 139 countries.<\/p>\n<p><\/body> <\/p>\n<footer class=\"single-article__footer\" readability=\"3.0024958402662\">\n<div class=\"author-card\" readability=\"14\">\n<div class=\"author-card__avatar\">\n<figure class=\"author-card__image-wrap\"> <img data-recalc-dims=\"1\" decoding=\"async\" class=\"author-card__image\" src=\"https:\/\/i0.wp.com\/ddi.mohflo.net\/wp-content\/uploads\/2025\/04\/verizon-discovers-spike-in-ransomware-and-exploited-vulnerabilities-1.jpg?w=640&#038;ssl=1\" alt=\"Matt Kapko\"> <\/figure>\n<\/p><\/div>\n<p><h4 class=\"author-card__name\">Written by Matt Kapko<\/h4>\n<p> Matt Kapko is a reporter at CyberScoop. His beat includes cybercrime, ransomware, software defects and vulnerability (mis)management. The lifelong Californian started his journalism career in 2001 with previous stops at Cybersecurity Dive, CIO, SDxCentral and RCR Wireless News. 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