Technology Report: Intel 471 reports decrease in ransomware attacks in...

Report: Intel 471 reports decrease in ransomware attacks in 3Q 2022


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According to the Intel 471 Leading ransomware variants in Q3 of 2022 report, 27 ransomware variants were used to carry out 455 attacks from July 2022 to September 2022. That is a decrease of 38 attacks from Q2 2022 and 134 from Q2 2022 Q1 2022. The most common ransomware strain in Q3 2022 was LockBit 3.0, which accounted for 42% of all reported incidents. It was followed by Black Basta at 11%, Hive at 9% and ALPHV at almost 7%.

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The latest Intel 471 report shows how many victims, countries, sectors and industries were affected by the 27 different ransomware variants that appeared in the third quarter of 2022. With the fall of the Conti ransomware group earlier this year, Intel’s report 471 also includes an in-depth dive into the impact of the four emerging variants that pose the greatest threats to countries like the United States and the United Kingdom, including LockBit 3.0 and Black Basta.

Intel researchers’ observations of 471 ransomware attacks in Q3 2022 showed that the variants collectively targeted 111 organizations in July, 162 in August, and 182 in September. The LockBit variant has remained the most impactful ransomware service, with 192 attacks, for the fourth consecutive quarter as of Q3 2021. After LockBit 3.0, 50 attacks were associated with Black Basta, 42 with Hive, and 30 with ALPHV.


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Other ransomware variants that saw multiple ransomware attacks in descending order this quarter included AvosLocker, Vice Society, STORMOUS RANSOMWARE, RansomHouse, Quantum, and LV, each with 32 or fewer breaches.

The study found that attacks against the consumer and industrial products sector decreased by 14% in the third quarter of 2022 compared to the second quarter of 2022. However, this sector continued to be the hardest hit this quarter, both in the first and second quarter of 2022. the second quarter of 2022. The affected sector from July 2022 to September 2022 was professional services and consulting, followed by manufacturing. These sectors were also in the top four most affected sectors in Q3 and Q4 2021 and in Q1 and Q2 2022. This indicates that there has been no significant difference in the primary affected sectors over the course of 2021 and 2022 so far.

According to Intel 471, North America was the most affected region in the third quarter of 2022, accounting for 43% of all reported attacks. This was followed by Europe at 33%, Asia at just under 11% and South America at 4%. These percentages have remained virtually constant compared to the previous quarter.

Read the full report from Intel 471.

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